To be clear, there are certain downsides to leaving China that experts Dan Harris and Andrew Hupert of the international law firm Harris Sliwoski detailed in a Feb. 23 webinar titled, “Moving Your Manufacturing from China to Mexico.”
Chief among those dangers is the very real possibility of losing access to your company’s assets and intellectual property (IP) if you announce plans to leave China before moving all molds, tooling, and personnel out of the country, Harris cautioned.
“I’m here to dispel the notion that leaving China involves basically pushing a button — it’s a lot more than that. There are risks involved in leaving China. To quote one of my clients: ‘Hell hath no fury like a Chinese factory spurned.’”