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New companies head to China after Apple and Microsoft leave

According to a report released Sunday by the Russian agency TASS, Russian experts expected a group of new companies to come to work in China after some large international companies would leave, such as Apple and Microsoft.

The report quoted Alexei Maslov, director of the Institute of Asian and African Studies at Moscow State University in the Russian capital, as saying: “The departure of international companies from China will change the market and push other companies to develop production.”

“I think the market will simply change, and if we look at companies that have left China, we will find that they are producers of cheap and mass-produced goods, and those goods can be produced more profitably in countries like Pakistan and Bangladesh and India, ”Masloff continued.

On the other hand, some companies have left China due to pressure from the United States, such as (Apple), and new smaller companies will arrive in China soon after the departure of major players such as (Apple) and (Microsoft) and others.

He added: “New companies will emerge and if there are already similar markets, such as Malaysia and India, and if China does not return to its former position as a mass producing party, but we will find China producing its technology goods.”

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