China moves to stall Apple, BYD manufacturing shifts
China is restricting the movement of employees and specialized equipment for high-tech manufacturing to India and Southeast Asia, aiming to prevent production shifts due to possible US tariffs under President-elect Trump. The measures target technology transfers, potentially impacting companies like Foxconn and affecting India's solar panel and electric vehicle manufacturing sectors. Beijing denies harmful actions, aiming to retain production and jobs.
China is restricting the movement of employees and specialized equipment for high-tech manufacturing to India and Southeast Asia, aiming to prevent production shifts due to possible US tariffs under President-elect Trump. The measures target technology transfers, potentially impacting companies like Foxconn and affecting India's solar panel and electric vehicle manufacturing sectors. Beijing denies harmful actions, aiming to retain production and jobs. What's Your Reaction?
