China scrambles to stem manufacturing exodus as 50 companies leave

To counter tariff blow, government eases restrictions and offers perks

A Nikkei survey found that more than 50 global companies have shifted or are considering shifting production from China in response to the U.S. trade dispute. (Nikkei montage)

MASAMICHI HOSHI, REI NAKAFUJI and YUSHO CHO, Nikkei staff writers

July 18, 2019 03:22 JST

TOKYO/SHANGHAI -- China is racing to keep foreign enterprises in-country, dangling special benefits so that the advantages of staying outweigh the heavy tariffs imposed by the U.S.