A growing number of US businesses are looking to cut back their exposure to China and shift their investments to other countries, according to surveys. The souring trade relations between the US and China, as well as concerns over geopolitical tensions and government actions in China, have led to an accelerating exodus of businesses from the country. The top destination for foreign direct investment by US firms is now Mexico, surpassing China, while companies are pursuing a "China-plus-one" strategy by investing in low-cost countries like Vietnam and India.