Amid a crippling trade war with the United States, declining demand, and supply chain disruptions due to the COVID-19 pandemic, foreign companies are leaving China in droves. South Korean companies, Japanese companies, Taiwanese companies, and American companies such as Microsoft, Google, and Apple are all moving their production out of China.
The Epoch Times received a set of internal documents from the Huizhou city government in Guangdong Province, showing that amid the exodus of foreign companies, the Chinese Communist Party (CCP) issued an urgent order to “keep Japanese and South Korean companies [from leaving,]” for both economic reasons and the Party’s political agenda.
