Shay Luo News Today

U.S. firms looking to bring sourcing closer to home and escape China's influence may only be able to achieve one of those objectives.

As relations between the United States and China turn increasingly rocky, some of Chinas most entrepreneurial brands have taken steps to distance themselves from their home country.

Companies are moving headquarters and factories outside the country and cleaving off their Chinese businesses. It’s not clear the strategy will work.

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China’s stringent rules to curb COVID-19 are about to unleash another wave of summer chaos on supply chains between Asia, the US and Europe. Beijing’s zero-tolerance approach amid an escalating virus outbreak brings the pandemic full circle, more than two years after its emergence in Wuhan upended the global economy. Shipping congestion at Chinese ports, combined with Russia’s war in Ukraine, risks a one-two punch that threatens to derail the recovery, already buffeted by inflation pressur...

Beijing’s zero-tolerance approach amid an escalating virus outbreak brings the pandemic full circle, more than two years after its emergence in Wuhan upended the global economy.

By Brendan Murray, Ann Koh and Kevin Varley (Bloomberg) China’s stringent rules to curb Covid-19 are about to unleash another wave of summer chaos on supply chains between Asia, the...