China-US Decoupling Continues and Will Continue, but Must be Done Right

The Wall Street Journal ran a front page article last week on how American companies are working to reduce their exposure to China. The article is titled, Trade Deal Alone Won’t Fix Strained U.S.-China Business Relations, and it reinforces what we have been saying here for months about how American and European companies are viewing the Trump tariffs and other government restrictions on China trade as a wake-up call and they are acting accordingly. It states exactly what our international lawyers have been saying for months and it reinforces that with concrete and specific examples. We keep writing about how so many of our clients have moved out of China, are seeking to move out of China, or simply very much want to move out of China. But due to the attorney-client privilege, we are not allowed to name names, but the Wall Street Journal can and it does. The article starts out by talking about how no matter what sort of new trade deal the United States reaches with China…

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