Some American companies are seeking to cut their reliance on China as coronavirus outbreak disrupts production, crimps revenue
- Revenue in China will fall in 2020 if the coronavirus continues to disrupt work through April, said half of the respondents in AmCham China’s survey
- Some US companies are shifting out of China, with 28 per cent polled saying they are setting up, or using alternative supply chains, according to a separate survey by AmCham Singapore
Trade war and coronavirus show retail supply chains are too dependent on China, ex-Macy’s CEO says
Chinese destroyer lases U.S. Navy P-8A plane operating near Guam
US Navy says Chinese warship pointed laser at patrol aircraft near Guam
- US Pacific Fleet calls the action last week ‘unsafe and unprofessional’ and a breach of code of conduct
- Analyst describes it as a ‘serious provocation’ that could have posed a navigational hazard
Chinese censorship or ‘work elsewhere’: Inside Shutterstock’s free-speech rebellion
“Employees have a lot of opportunities to work here, to work elsewhere,” a company executive said in response to questions about the company’s China deal.
Categories: United State America