February 19, 2021
Global supply chains have evolved in recent decades with the aim of maximizing efficiency. However, rising labor costs in China and protectionist trends globally, especially in the United States, have forced a shift in approaches to international commerce, and the Covid-19 pandemic and acceleration of strategic rivalry between the United States and China have made the restructuring of supply chains an urgent task. Global companies are now searching for responses to supply chain challenges such as “reshoring,” “near-shoring,” and “China+1,” while the United States and China devise strategies to protect their own industries and improve their international competitiveness. The risk for companies being drawn into U.S.-China strategic competition, including the potential violation of U.S. sanctions, will also increase. For the global business community, a careful strategy to rebuild a resilient supply chain is indispensable, and nowhere is that more impo
王友群：習近平面前的四個「大坑」
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習近平面前的四個「大坑」 | 習近平 | 中國政局
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POLITICO
Biden’s in no rush to engage China. Guess who’s trying to take advantage.
The new administration says it’s playing a long game with Beijing. Critics say it’s just getting played.
Chinese President Xi Jinping, right, shakes hands with then Vice President Joe Biden in Beijing in 2013. | Lintao Zhang, Pool, File/AP
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President Joe Biden so far has held calls with about a dozen world leaders, from the president of France to Vladimir Putin, Russia’s strongman. But the head of the world’s No. 2 economy and America’s chief geopolitical rival? Nope.
It’s not that Biden has nothing to say to Xi Jinping, the iron-fisted head of China’s communist system. Quite the opposite America has a long list of grievances to air, from Beijing’s crushing of democracy in Hong Kong to its underhanded trade practices. But Biden aides are taking their time and lowering the rhetorical temperature while touching base with U.S.-allied nations and taking stock of the p