By John Richardson JUST 5% of US companies with revenues of more than $500m plan to relocate operations out of China, according to the latest survey by the American Chamber of Commerce in Shanghai. This partly reflects highly networked manufacturing clusters, wrote the Australian Strategic Policy Institute in this excellent article. “Automotive and electronics clusters are increasingly important in Chongqing, smartphones come from Shenzhen, and a quarter of the world’s optical fibre comes from Wuhan,” said the same article. Network clusters generate advantages including increased produc...