Will Chinese firms move to Asia to dodge US tariffs? Here are two reasons why that’s ‘fake news’ squib
One of the most common backstories of the US trade war launched against China in the past month has been the suggestion that manufacturers currently exporting from the Chinese mainland may be forced to shift production to other parts of Asia – or, if Donald Trump has his way, back to the US.
Except it’s not going to happen.
Of course, any persistent editor will be able to track down an anecdote or two about companies shifting some production to Cambodia or Bangladesh.