Trade war'China exit' limited to some American sectors -- and not for home
Most manufacturers intend to stay, while Tesla eyes new export opportunities
An aerial view of Tesla's Gigafactory 3 in Shanghai, China. The world's most valuable car company reportedly plans to export China-built Model 3 cars to other markets in Asia and Europe. © Getty Images
ALEX FANG, Nikkei staff writer
September 12, 2020 06:22 JST
NEW YORK -- Only a specific slice of American companies are moving factories out of China, much less returning home. Some, including electric-car builder Tesla, are even revving up their production engines on the mainland, despite U.S. President Donald Trump's trade war aimed at bringing American manufacturing back.