Heard on the Street: Many companies want a degree of decoupling—or at least diversification —from China to hedge political or reputational risk, protect against future Covid-like disasters, or other reasons
How do companies move supply chains outside China when it is the only big economy experiencing meaningful growth? Without major government help, they may not.
Many companies want a degree of decoupling—or at least diversification—from China to hedge political or reputational risk, protect against future Covid-like disasters, or similar reasons. The great irony of this story is that since China has emerged as the first major economy to recover from Covid-19 and return to growth, multinationals’ dependence on the country has...
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