10
Companies prodded to rely less on China, but few respond

Companies prodded to rely less on China, but few respond

on Tuesday
Anonymous $qOHwDUKgAF

https://apnews.com/bc9f37e67745c046563234d1d2e3fe01

BEIJING (AP) — The United States, Japan and France are prodding their companies to rely less on China to make the world’s smartphones, drugs and other products. But even after the coronavirus derailed trade, few want to leave skilled China's skilled workforce and efficient suppliers of raw materials to move to other countries.

Disruptions from the pandemic, on top of the U.S.-Chinese tariff war, fueled warnings that relying too much on China leaves global companies vulnerable to costly breakdowns in the event of disasters or political conflict.