In the News: US Clients Ask Chinese Manufacturers to Move Production Abroad; Sweden Will Begin to Screen Foreign Direct Investments; and China Introduces New Measures for Online Advertising

April 19, 2023 | BY

Clarence Lee

Chinese manufacturer moves some production abroad at the request of U.S. clients; The Swedish Government has proposed a new, stricter foreign direct investment regime; and China tightens requirements and increases accountability for advertisers

Scanrail/Adobe Stock

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U.S. Clients Ask Chinese Manufacturer to Move Production Abroad

Guangdong Vanward New Electric, one of China's biggest water-heater manufacturers, announced that it will move some production abroad in response to the demands of U.S. clients, according to the Financial Times.

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