This article appeared online at TheNewAmerican.com on Thursday, January 9, 2020:
The number of companies moving some, most, or all of their manufacturing operations out of China, or making plans to do so, is growing from a trickle to a flow and likely to a flood.
In July, the Nikkei Asian Review listed just a few of those companies, including Apple, Nintendo, Sketchers USA, Komatsu, Sumitomo Heavy Industries, Mitsubishi Electric, Ricoh, Citizen Watch, Panasonic, HP, Dell, Kyocera, Sharp, Nintendo, GoPro, and Samsung. Each of them is facing rising labor and environmental costs, an ever-changing crazy-quilt regulatory system, not to mention the tariff wars that will likely continue long after the highly-touted “Phase One” trade agreement has been signed with the United States.
And the flow is likely to turn into a flood, according to Dan Harris, head of an international law firm that works extensively in China: