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While I agree with the reasoning, getting out of China costs money now and staying in saves money now and makes the costs next quarter's (and potentially next CEO's) problem. Businesses at that scale tend to only care about today and not supporting China costs more today so they support China.

In situations like this it's always useful to follow the money. Big Tech, especially Silicon Valley, is heavily dependent on cheap Chinese manufacturing. Apple wouldn't be able to make nearly as massive a profit margin if iPhones weren't being assembled by 50-cent-an-hour Chinese wage slaves...