Share of U.S. companies in China looking to relocate hits a record high, survey finds

Key Points

A record share of U.S. companies in China are accelerating plans to relocate manufacturing or sourcing, according to the American Chamber of Commerce in China.
The increase — to 30% of respondents having considered or started such diversification in 2024 — surpassed the prior high of 24% in 2022, according to annual surveys from the American Chamber of Commerce in China.
The latest AmCham China survey covered 368 members from Oct. 21 to Nov. 15. Trump was re-elected U.S. president on Nov. 5.

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