SHANGHAI, Sept. 10 (Xinhua) -- While there has been considerable talk about US companies moving production or supply chains out of China in response to geopolitical concerns, tariffs or supply chain weaknesses exposed by COVID-19, very few companies are moving much production,
According to a report released by the American Chamber of Commerce in Shanghai (AmCham Shanghai) on Wednesday, of over 200 respondents that own or outsource manufacturing operations in China, 70.6 percent did not intend to shift production out of China, 14 percent are moving some production to non-US locations. Only 3.7 percent are moving some production out of China to the U.S.
