In a Wall Street Journal article centered on the People’s Republic of China’s setting up trade-centric “retaliatory tools,” there’s this bit in the middle of the piece:
The rules could put US and other Western companies in a bind: they need to comply with US restrictions on trade with China and often want to reduce their reliance on Chinese production, yet such actions expose them to punishment by Beijing and even possible expulsion from the world’s most important manufacturing hub.
Of course, if those companies weren’t in the PRC in the first place, the PRC couldn’t “punish” them. They’ve had plenty of time to move their supply chains and businesses out of that nation and plenty of warning regarding the necessity of doing so.
Still, there remains no time like the present to take serious heed and get moving on those adjustments.