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Power Play
No easy task diversifying away from China
Geopolitical risks are rising but business logic makes it hard for companies to make a clean break
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Apple supplier Foxconn is one high-profile foreign company to move its operations away from China.
PHOTO: AFP
BEIJING - When German Chancellor Olaf Scholz visited Chinese President Xi Jinping
His aim was to ensure the good health of the German economy, which had come to rely heavily on China’s investment and vast market, despite growing concerns in Europe that Beijing poses an ideological and security threat to the continent.
