Supply Chain Adjustment Doesn’t Mean Market Exit
Oct 01, 2020
2 minutes
Copyedited by Madhusudan Chaubey
Both domestic and foreign-funded companies in China have been readjusting their supply chains amid dynamics in total costs, uncertainty in tariffs, vulnerabilities of globalized supply chains and governmental push for reshoring.
Nonetheless, the supply chain shifting outside of the global manufacturing powerhouse doesn’t mean companies are leaving China, according to experts.
The globalization of supply chains over the past quarter century has improved
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