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Some factories might leave China, but in the grand scheme of things it doesn't matter much

China still holds the cards for global supply chains, whether or not Covid lockdowns frustrate businesses in the near term. Companies and analysts have discussed moving factories out of China for years, especially since labor costs have climbed and U.S.-China trade tensions worsened. The pandemic has reignited those conversations. Foreign businesses talk about how executives ...
Republic Of Joerg Wuttke Nick Marro Vishrut Rana James Liang Stephen Olson

Russia-Ukraine conflict has a limited impact on China's food prices | Hellenic Shipping News Worldwide

China’s emphasis on its own food production and security helps mitigate the impact of the Russia-Ukraine conflict on domestic food prices, analysts said. Notably, China is the world’s second-largest consumer of corn, but only 9.4% of domestic corn consumption in 2021 came from imports, according to Citi. Only 5.9% of China’s wheat consumption last year ...
United States Tobin Gorey Xiaowen Jin Xiangrong Yu Steven Cochrane Jim Sutter

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