Asian CEOs Hit Harder by US-China Tech War Than American Rivals

A new survey reveals Asian companies are suffering more from U.S. and Chinese technology restrictions than American firms. The chief concern for Asia's CEOs is now finding new suppliers. The report by The Conference Board found 23% of Asian CEOs see export controls as a major trade issue. Only 11% of American CEOs share that concern. "These technology controls affect Asia more sharply," the survey states. This "economic security" conflict between the two superpowers is forcing Asian businesses to urgently diversify their supply chains.