Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

This text is translated into Russian by google automatic human level neural machine.
EastRussia is not responsible for any mistakes in the translated text. Sorry for the inconvinience.
Please refer to the text in Russian as a source.

US corporations no longer want to invest in China and return home

American corporations cut investment in China's economy. This is the conclusion of the experts of the American Chamber of Commerce in China in the annual report on the state of the business climate in China, as reported by Western media. The main reasons for the decline in investment activity were the barriers to market entry created by the PRC government, as well as the slowdown in the growth rate of the Chinese economy. "With the slowdown of the PRC economy, the pattern of investor behavior is also changing," said Greg Gillan, chairman of the American Chamber of Commerce.

The findings of the American Chamber of Commerce are also confirmed by a survey conducted by The Boston Consulting Group among large American businesses. At the end of 2013, more than 50% of US companies with an annual turnover in excess of $ 1 billion planned to begin returning production facilities from China to the United States or are actively studying this issue.

Researchers at Boston Consulting state that resoring - the process of returning previously withdrawn production facilities - is becoming a trend.

The growth of the attractiveness of the United States for the location of industry is largely due to the fact that as a result of the development of shale gas, energy prices have fallen. This happened thanks to new technologies, which allowed to develop shale gas in industrial volumes, and by deliberately restricting its exports.

Developed countries are thinking about the need to restore their own industrial potential.

April 13: current information on coronavirus in the Far East
Digest of regional events and latest statistics