Manufacturing and Foreign Capital are leaving/Foreign companies directly employ 45 million Chinese
China Insights
Published at : 30 Sep 2021
Published at : 30 Sep 2021
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Although it’s not usually easy to relocate a business, in recent years a trend is forming for foreign companies to move out of China.
Some U.S. companies have already started it after the U.S.-China trade war broke out in 2016. Now Korea and Japan, as well as some European countries, are joining the action.
The Chinese Communist Party or CCP denied this trend on several occasions in August 2021, even calling it a rumor.
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