At the end of the day, it's that uncertainty which is the biggest problem for investors.Just under a third of respondents said they were increasing investment in the country, the survey found. But that figure was down from 38% last year.
However, he noted it's difficult for Apple to find another 200,000 to 300,000 workers — as there are at the Foxconn Zhengzhou factory — to make the iPhone outside of China, except in India.JPMorgan analysts predicted that just 5% of Apple's global iPhone 14 production would move to India this year.
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Whatever China does, don't trust it.
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