Foxconn’s Boss Defiantly Confronts the CCP: “They Fear Me, Not Vice Versa. I’m Moving Foxconn Now.”

In recent years, as part of an effort to gradually reduce dependency on China, Foxconn has been diversifying its production lines, relocating some of them outside of the country. Last December, international media outlets reported that Apple had urged its suppliers to expedite the establishment of production bases outside of China, notably in India and Vietnam, to decrease reliance on Foxconn’s Zhengzhou facility.
With Beijing now pressuring Foxconn, there could be an accelerated exit of the company from China, potentially alarming foreign investors and Taiwanese businesspeople and seriously harming China’s domestic economy.
#foxconn #TerryGou #chinaobserver
All rights reserved.

Take the opportunity to connect and share this video with your friends and family if you find it useful.