U.S. Companies Wary of China Investments, Look to Shift Operations Amid Souring Relations

U.S. companies like Vermeer that invested in China in the past are now wary of expanding operations there due to souring relations between the countries.

Surveys show U.S. firms are eager to reduce their exposure to China and shift investments to other countries seen as more stable.

Mexico has become the top destination for U.S. foreign direct investment, surpassing China.

While some companies are pursuing a "China plus one" strategy by expanding in Vietnam, India, etc., it's hard to fully leave China's production infrastructure.

U.S. Commerce Secretary Gina Raimondo said businesses complain China has become "uninvestible" due to government actions jeopardizing operations there.