Gatestone Institute senior fellow argues China isn’t a good place to manufacture.
During an interview on “Mornings with Maria,” Gordon Chang, senior fellow at the Gatestone Institute discusses Big Tech titans, most notably Apple reportedly moving some of its iPad production out of China arguing U.S. companies are “slowly” getting it but “a lot more needs to be done.”
GORDON CHANG: Companies are getting it, but slowly. This decision by Amazon follows decisions by Microsoft, LinkedIn, Airbnb and Yahoo to pull some of their operations out of China.
Gatestone Institute senior fellow Gordon Chang discusses U.S. companies moving operations out of China during an appearance on “Mornings with Maria.” (Fox News)
But the more significant development is the Apple one. And the reason is that Apple is thought to be the company with the most difficult-to-move supply chain. And Apple, you know, despite all of that, has moved it, even though the lockdowns in Shanghai and Beijing are easing. And that really means that Apple has made a decision that for long-term reasons, not just the short–term ones this year, but for the long-term reasons. China is not a good place to manufacture. So there’s some progress here, but obviously, a lot more needs to be done because a number of companies are still in China when they shouldn’t be for various reasons, including the ones you just mentioned in that first segment, which is, look, we’re supporting a Chinese military there.
APPLE TO MOVE IPAD PRODUCTION OUT OF CHINA FOR FIRST TIME: REPORT
WATCH THE FULL INTERVIEW BELOW:
Gatestone Institute senior fellow Gordon Chang on federal employees investing their retirement funds into Chinese-backed companies, American tech companies pulling production out of China and the Biden admin reviewing tariffs imposed on China.
