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In a recent AMCHAM poll, more than 1/4 of respondents said they had redirected investments originally planned for #China to other locations - up 6.9% from last year.https://bit.ly/2mgJe4A
For the past year & a half, I've shared my "ABC" philosophy w/businesses I meet with. That is to manufacture 'Anywhere But China.' Manufacturers who cont to produce in China must understand that their business engagement will leave them increasingly beholden to the CCP.
While at the same time, their intellectual property is copied, produced, and put into direct competition in sales. I am happy to see that companies are beginning to realize these repercussions and are moving their businesses to other regions like #SoutheastAsia and #India.
I'm not a businessman but a ordinary person. But I did think that businessmen should consider doing businesses with #China or not, as there is no #RuleOfLaw but only dictatorship. Once you get it, it is different to withdraw.
#Hongkongprotests
#HongKong
#StandwithHK
#Police
Typo* not different but difficult
Smart move. Anywhere But China. China welcomes your investment, but watch out when you try to pull out, including your hard earned profit.
Major step to #BoycottChina!
Wise move for long term benefits.
CCP will steal the confidential doc, property intellectual and privacy. There are more losses than the gains. A sanction is need before making agreement with China.
Good thing they are deterred from investment in China. Otherwise their investment will be held as hostage from the CCP’s capital control.
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