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Decoupling US-China supply chains: High tech on the move
Supply chain relocation is gaining attention The major disruptions to global trade caused by the COVID-19 pandemic have brought the issue of supply chain relocation to the forefront. However, this issue is not new. The sharp rise in Chinese wages since the early 2010s combined with the perceived risk of an overdependence on China had already triggered firms to rethink their supply chain strategy. In addition the rising trade tensions between the US and China have increased both the cost and uncertainty of producing in China. In an attempt to decrease their reliance on China yet maintain a foothold in the Chinese ... (full story)