随着成本压力加大，主要个人电脑制造商正将部分生产转回中国。包括总部位于美国的惠普在内的企业——此前曾计划以“中国加一”战略将其超过一半的产能移出中国——正把部分制造业务迁回，以抵消由人工智能需求推动的内存和存储芯片价格飙升。
Leading PC makers are shifting some production back to China as costs bite. Firms including US-based HP — which had planned to shift more than half of its production out of the country in a “China+1” strategy — are moving some manufacturing back to offset surging memory and storage chip prices fueled by AI demand.
尽管面临西方保护主义抬头的风险，专家认为将有更多公司回流：“中国的供应链保持着独特优势，”一位分析师表示。
Despite the risk of rising Western protectionism, experts believe more companies will return: “China’s supply chain retains a distinct advantage,” an analyst said.
苹果等科技巨头一直寻求在印度建立替代供应链，印度已投入数十亿美元吸引高科技制造业。但“向供应商支付日益巨额的补贴、试图复制中国的模式，不大可能是一笔划算的买卖”，《彭博社》专栏作家指出。
Tech giants like Apple have sought to create alternative supply chains in India, which has spent billions to attract high-tech manufacturing. But “paying its suppliers ever-larger subsidies in the hope of recreating China is unlikely to be a winning trade,” a Bloomberg columnist argued.
—— Jeronimo Gonzalez 和 Tasneem Nashrulla
— Jeronimo Gonzalez and Tasneem Nashrulla