Asian firms shuffle production around region as China tariffs hit

A growing number of Asian manufacturers of products ranging from memory chips to machines tools are moving to shift production from China to other factories in the region in the wake of U.S. President Donald Trump's tariffs on Chinese imports......»»

A growing number of Asian manufacturers of products ranging from memory chips to machines tools are moving to shift production from China to other factories in the region in the wake of U.S. President Donald Trump's tariffs on Chinese imports......»»

Reuters CanadaAsian firms shuffle production around the region as China tariffs hitReuters CanadaSEOUL/TOKYO (Reuters) - A gr.....»»

When Mehdi Farsi decided to shift production of State Bicycle Co's niche fixed-gear urban bikes out of China to escape U.S. tariffs, it took months to find another factory in Asia willing to do business with his Arizona company......»»

Foreign investors remain enthusiastic about China, the foreign ministry says, in a retort to Donald Trump’s claim that his tariffs are causing companies to move production away from the world’s second largest economy. Francis Maguire reports......»»

Foreign investors remained enthusiastic about China, the foreign ministry said on Tuesday, following U.S. President Donald Trump's claim that his tariffs are causing companies to move production away from the world's second largest economy......»»

U.S. technology companies asked their Taiwanese suppliers to shift production of some components out of mainland China on fears that Beijing could be spying on them using power cords and plugs, reported Nikkei Asian Review......»»

The Great Game Returns To Central Asia Via EurasiaNet.org, Russia's invasion of Ukraine has reanimated US and EU interest in Central Asia. China has eclipsed Russia as the region's largest trade partner. Central Asian trade is di.....»»

China-based suppliers of components and materials for LED packaging have recently hiked quotes by 5-10% to reflect increased production cost, prompting local LED packagers to adjust their prices upward, according to industry sources......»»

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......»»

A senior U.S. senator on Tuesday accused U.S. firms of willfully ignoring "horrific" forced labor conditions in China's Xinjiang region and called on the Commerce Department to stop American companies and consumers buying goods produced by such labor......»»

Honda Motor Co Ltd will temporarily cut back production in Japan due to difficulty in sourcing parts from China amid the coronavirus outbreak, Nikkei Asian Review reported on Monday citing sources at auto parts suppliers and dealers......»»

The effects of the coronavirus outbreak are likely to reverberate beyond China as most major economies in the region are expected to either slow down significantly, halt or shrink outright in the current quarter, Reuters polls found......»»

Between Trump, tariffs, and trade spat, 2019 proved to be challenging for international businesses. Tensions between the US and China have .....»»

Asian shares fell and Wall Street was poised to retreat from record highs on Tuesday after Apple Inc said it would miss its March quarter revenue guidance as the coronavirus slowed production and weakened demand in China......»»

Asian shares fell and Wall Street retreated from record highs on Tuesday after Apple Inc said it will not meet its revenue guidance for the March quarter as the coronavirus outbreak slowed production and weakened demand in China......»»

A number of Chinese manufacturers including a subsidiary of Apple Inc partner Foxconn have refitted production lines to make masks and medical clothing, as a deadly coronavirus spreads across China......»»

Asian stocks edged up on Thursday, cheered by record closes in Wall Street benchmarks after encouraging economic data, and after China announced a cut in tariffs on some imported goods from the United States......»»

The U.S. trade deficit fell slightly in 2019 to mark the first decline in six years, mostly reflecting tariffs on Chinese goods that reduced the flow of imports from the Asian giant. Don’t get used to falling deficits, though......»»

Many Taiwan-based IT firms are feeling the heat from the coronavirus outbreak that is delaying their production f.....»»