How Chinese companies in the US are forging ahead – despite tariffs
CGTN

Hundreds of Chinese enterprises and companies in the Midwestern U.S. state of Michigan are facing a similar challenge: the impacts of the high import tariffs pushed by the U.S. initiated trade war and the uncertainties that linger. 

Some of the companies have been downsized, but others continue to plan ahead, believing a favorable situation will return. 

While the state is known for being the center of America's automotive industry, Chinese companies make most of their money from car manufacturing.

Bill Zhuang, president and CEO of Tianhai Electric North America, believes that U.S.–China relations are going through a difficult time and that could remain for a while. 

Despite this he has focused his energy on opportunities that would arrive during these times of hardship. 

"The more difficult the time is, the better the chances will be," Zhuang told Xinhua in an interview. 

"If the tides are ferocious on the market or the political-economic environment is not of help, an enterprise has good chances to consider a merger because the prices are agreeable, or to hire more talents to build up its team to get prepared for the better time to come," he added. 

Tianhai Electric has worked to remain cohesive in the global supply chain, maintaining close relations with three major U.S. automobile manufacturers, General Motors, Ford and Chrysler. 

But the company has also eyed possible ties in the European market. 

Smaller and medium sized Chinese companies in the Detroit metropolitan area are also trying to find ways to deal with the trade war. These smaller companies are banning together to share tips and help keep one another afloat. 

But even with these problems, Chinese companies intend to keep participating in the global chain of car making in Michigan, home to more than three-quarters of all automotive research and development in North America.

Source(s): Xinhua News Agency