While you are right it takes time, it is happening at a rate that is starting to alarm the PRC leadership.
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.As I keep saying, if you want to understand what is going on from a non "Dump Trump" MSM or official Communist Party standpoint, you need to read the Asian newspapers.
A year into the trade war with Washington, more than 50 global companies, including Apple and Nintendo, have announced or are considering plans to move production out of China, Nikkei research has found.
And not just foreign companies. Chinese manufacturers, as well as those from the U.S., Japan and Taiwan, are part of the drain, including makers of personal computers, smartphones and other electronics.
"We need permanent measures to avoid the risk of tariffs and be eligible for U.S. government procurement," said Kiyofumi Kakudo, CEO of PC maker Dynabook. The unit of Sharp is considering a plan to relocate production of its U.S.-bound notebook PCs to a new plant being built in Vietnam. Such PCs account for 10% of the unit's total notebook production.
Dynabook makes almost all its notebook PCs in China, mainly at a plant in Hangzhou, 175 km southwest of Shanghai. "Although the fourth round of U.S. tariffs has been temporarily shelved, we cannot tell what will happen nor when," Kakudo said.
Apple has called on major suppliers to consider moving 15% to 30% of iPhone production out of the country. The Nikkei Asian Review reported on July 17 that Apple is about to start trial production of its popular AirPods wireless earbuds in Vietnam. Trials such as these are usually precursors to mass production.
American PC makers HP and Dell are thinking of moving up to 30% of their notebook production in China to Southeast Asia and elsewhere. Japan's Nintendo will also shift a portion of its Nintendo Switch game system production from China to Vietnam.