U.S. Companies in China Were Struggling Before Coronavirus

BEIJING—Before the coronavirus epidemic, U.S. companies were heading for record-low profitability in China as business conditions deteriorated and China’s economy slowed to its lowest rate in decades, according to a new survey of U.S. companies with operations in China.

That position will be further challenged as these companies seek to absorb what could be a historic hit in China, the world’s second-largest economy and the epicenter of the novel coronavirus now ravaging the global economy.

American companies in china deserve coronavirus, karma for what they have done selling out americas workers killing off american dream, for cheap slave labor overseas

EVERYTHING ALL RIGHT THEN ?

Absolutely, China always take care of the foregin people and business as same as their own, and the Corona Virus is completely under control .

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Already it looks like the virus will hasten the progress to more decentralized global value chains. Other countries have to prepare themselves to take the industry from China.

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Companies That Got Out of China Before Coronavirus Are Still Tangled in Its Supply ChainsThe epidemic has revealed a central problem for the global manufacturing industry: China’s shadow has grown so long that even companies that have moved on can’t wriggle free of the country’s grip on supply networks. Bring factories back to USA. China has almost eliminated the virus. They put them in concentration camps, and then who knows what. They will never be seen again. There's an old saying about eggs and a basket. Can't feel too sorry for any company that ignores that....especially as they've been supping at the teat of a corrupt, totalitarian, genocidal regime like the cash hungry whores they are
Source: WSJ - 🏆 98. / 63 Read more »