Brands Decisions: China and Companies

brands decisions: Profit-seeking is a natural instinct of capital, according to Global Times China. As long as they can make money in China, they won't come back to the US, even with increased tariffs. Since China's reform and opening-up began in 1978, many US companies have showed great enthusiasm for investing in and manufacturing in China, making the country a key production and processing base for US enterprises. US brands' decisions to keep their production lines in China have added to evidence that returning to the US is costly rather than profitable. Despite Trump's tariffs imposed in the trade war, US companies' earnings were good in China. An annual white paper by the American Chamber of Commerce in China showed that 69 percent of US companies surveyed were profitable in China in 2018, while 21 percent of those surveyed at least broke even. (news.financializer.com). As reported in the news.

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