SHANGHAI (REUTERS) - The majority of American companies in China have no plans to relocate production or sourcing activities to other parts of the country or abroad due to the coronavirus, a survey showed on Friday (April 17).. Read more at straitstimes.com.
SHANGHAI - The majority of American companies in China have no plans to relocate production or sourcing activities to other parts of the country or abroad due to the coronavirus, a survey showed on Friday .
"It is worth emphasising that China appears ahead of the global curve when it comes to restarting the economy following months of lockdown," he said. The survey, which also involved Shanghai's American Chamber of Commerce, was taken between March 6-13 and received responses from 25 companies. It targeted senior executives from firms that had global revenue of over US$500 million and were involved in sectors from healthcare to consumer, it said.
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