08/01/2023
Companies are departing China due to sluggish economic growth, escalating labor costs, and trade tensions. Additionally, the country's risky security environment, including cyber threats and intellectual property concerns, further propels their exodus.
China's economic growth faces significant setbacks as firms seek more stable markets and favorable business policies. The exodus also reshapes global supply chains and market dynamics. Despite China's attempts to attract foreign investments, the uncertainty surrounding business stability persists.
This ongoing shift in investments and manufacturing challenges the conventional notion of China's economic dominance, prompting a complex reevaluation of the global economic landscape.
China’s momentum is fading after decades of supercharged growth. A much anticipated post-pandemic recovery appears to have flopped, with data flashing warnin...