US President Donald J. Trump’s current trade stand-off with the People’s Republic of China (PRC) has already induced some Chinese companies, such as Shein, BYD, TikTok and Temu’s parent company PDD Holdings to move away from China and have induced some Western companies – including Apple, Dell, Hasbro, Microsoft, Hewlett Packard, Stanley Black and Decker, Foxconn, Nintendo, BYD Auto, TSMC, Intel, Mazda, Google and Samsung also to move away or diversify.
