Diversification
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For a period of time this year, China’s export growth rate declined. This should be viewed rationally. It was related to the high base of last year. Data show that the excess inventory during the COVID-19 pandemic has been gradually digested, and the electronics cycle in the Western market has begun to bottom out. In…
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The Wall Street Journal has reported that Apple has told some of its contract manufacturers that it intends to increase production outside China, citing China’s strict anti-COVID-19 policy and other reasons for its decision. The report noted that India and Vietnam, where Apple already has production facilities, are among the countries short-listed by the company…
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