A key component of that strategy is building flexibility — the ability to switch quickly from different production sources in response to future challenges, Mattios said.
Ultimately where we're heading to is more fragmented manufacturing — many small factories of the world.Covid-19 has infected more than 5.4 million people and killed at least 345,000 people, including more than 4,600 in China. The pandemic disrupted the global flow of goods, which in some industries was already shifting in light of U.S.-China trade tensions and cheaper labor costs in countries outside China.
From a business perspective, building resilient supply chains in the wake of the coronavirus also means recognizing that a pandemic could happen anywhere, said How Jit Lim, a managing director with consulting firm Alvarez & Marsal. Lim is based in Shanghai and focuses on supply chain management. "China is still a very attractive total supply chain solution," Lim said. "There are very few countries in the world where you can find almost everything you need to build something ... The labor force maturity and the talent pool around is still very attractive in China."
'Ultimately where we’re heading to is more fragmented manufacturing — many small factories of the world.' Not a chance in hell.
I'll never buy which is made in China, in my lifetime ever, after covid
Or a pariah country to avoid having any investments in at all cost if it is communist.
CNBC = CCP
Never ever buy made-in-China. Hubs will be relocated to other places.
come to India. try Tamil Nadu.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Virus cases drop to zero in China but surge in Latin AmericaTOKYO (AP) — The coronavirus pandemic continued to drop in much of Asia on Saturday even as the outbreak surged in Latin America, as the world grappled with balancing the urge to restart economies... Yeah sure, the moon is also made out of cheese. Okay. I am definitely going to doubt China is at zero cases. Why would you believe any data from them? china's numbers are fake. you guys will keep shilling for them. you should go there. they have so much press freedom over there.
Source: AP - 🏆 728. / 51 Read more »
Coronavirus updates: Bristling at criticism, China warns of 'political virus' in USCORONAVIRUS LATEST: — U.S. nears 100,000 deaths. — President Trump announces ban on travel from Brazil. — Wuhan lab director calls virus leak claims 'pure fabrication.' — 107 COVID-19 cases linked to Frankfurt church. Yeah. The U.S. got the worst of it. Worldometers
Source: ABC - 🏆 471. / 51 Read more »
Exclusive: U.S. accuses China of blocking U.S. flights, demands actionThe U.S. government late on Friday accused the Chinese government of making it impossible for U.S. airlines to resume service to China and ordered four Chinese air carriers to file flight schedules with the U.S. government. Consumption recovery in Chengdu Consumption recovery in Chengdu
Source: Reuters - 🏆 2. / 97 Read more »
China will likely face U.S. sanctions over Hong Kong national security law, White House saysThe U.S. government could impose sanctions against China, National Security Advisor Robert O'Brien said on Sunday in response to China's announcement of a new national security law in Hong Kong that would curtail the city's autonomy and democracy. Carrie Lam, who claimed was a mother of HK, is trying to kill all the HK kids and sends them to jail. Hilarious HongKongProtests Who cares, China can not be bullied by the US like other nations 😂😂 Please SanctionCCP
Source: CNBC - 🏆 12. / 72 Read more »
China defence spending rise at three-decade low, still to grow 6.6%China's defence spending this year will rise at the slowest rate in three decades but will still increase by 6.6% from 2019, as the country grapples with what it sees as growing security threats and a wilting economy. They are finishing there BeiDou navigation system BDS next month. The last satellite will be put in place. So we will have 4 Global Positioning Systems, Our GPS, Russia's GLONASS system, EU Galileo system and now Communist China's BDS system. 1/2 China must be Broke last month launching there largest rocket gives them the ability to make there own space station. There BDS system. Communist China is very active in space. They control there money artificially. To give them the upper hand in commerce.
Source: Reuters - 🏆 2. / 97 Read more »
China tells U.S. to stop wasting time in coronavirus battleThe United States should stop wasting time in its fight against the coronavirus and work with China to combat it, rather than spreading lies and attacking the country, the Chinese government's top diplomat Wang Yi said on Sunday. Usa sent covid to china over tarrif war Here is the US response to the bat eaters. Eat this (slowly extends middle finger)
Source: Reuters - 🏆 2. / 97 Read more »