2024-03-26 02:00:00 ET
Summary
- Geopolitical tensions in recent years have prompted companies to reconfigure their supply chains, with US firms increasingly moving production outside of China.
- Yet even as countries such as Mexico and Vietnam become more prominent in global manufacturing, Chinese companies remain deeply involved.
- Deglobalization is changing the way companies in diverse industries manufacture products.
Geopolitical tensions in recent years have prompted companies to reconfigure their supply chains, with US firms increasingly moving production outside of China....
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How Does Global 'Friend-Shoring' Affect Chinese Manufacturers?