August 17, 2020: Fifteen percent (15%) of U.S. companies in China plan to move operations out of China. That includes 4% who plan on moving operations to the United States and 11% who will move somewhere else. For companies moving operations out of China, the most common destinations are Mexico and Thailand.[1]

The US-China Business Council also reports that 24% of U.S. companies in China stopped or reduced planned investments in China this year. That’s up dramatically from 17% in 2019 and 8% in 2018.[1]

Each weekday, Scott Rasmussen’s Number of the Day explores interesting and newsworthy topics at the intersection of culture, politics, and technology. Columns published on Ballotpedia reflect the views of the author.

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