Wall Street Journal reports: A hefty U.S. import tax on goods produced in China could accelerate a trend already well under way: Chinese companies setting up factories and expanding in the U.S. Manufacturers in China face a host of pressures. Wages have risen substantially, while land and electricity prices are up. This challenges China's decadeslong orthodoxy of producing mass-market goods at extremely low cost. At the same time, Chinese companies that have saturated their home market are looking elsewhere for growth...Some firms are already well-placed should there be a rise in tariffs for Chinese goods. Keer America Corp., a subsidiary of Keer Group Co., a textile producer from Zhejiang province in China, plans to invest $68.5 million in the first phase of a $218 million, five-year project to double the capacity of its yarn-spinning facility in Indian Land, S.C., said chairman Zhu Shanqing. The facility has been in operation since mid-2015. Keer now employs 208 full-time, mostly line workers in the U.S. and plans to hire another 300. "There are obvious cost advantages," Mr. Zhu said. Electricity prices, for example, are up to 40% lower in Lancaster County than in Hangzhou, he said.

Bloomberg says that China will allow more companies to list on its stock market to boost support for its economy, the nation's top securities regulator said, dismissing concerns that more supplies of shares can depress the market. The capital market's recovery from a 2015 rout has been stronger than expected and is now ready for "appropriately" larger supplies of initial public offerings, China Securities Regulatory Commission Chairman Liu Shiyu said Sunday in Beijing, citing a "mainstream" view. The regulator's faster approval of IPOs last year had been "welcomed" by the market, he said, adding that the effects from previous practices of slowing or suspending share sales amid market downturns have proven "not good." "The entry of new companies can increase market liquidity and can attract additional capital," Liu told reporters. "As investment value increases, confidence of the entire society strengthens."