Report: Made in America Here to Stay—But the Reality is Different Than the Dream
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.
Source: yahoo.com
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As ties to China turn toxic, even Chinese companies are breaking them
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.
Source: indiatimes.com
TikTok, Shein and Other Companies Distance Themselves From China
Companies are moving headquarters and factories outside the country and cleaving off their Chinese businesses. It’s not clear the strategy will work.
Source: nytimes.com
Tootsie Roll could pause production lines due to delayed supplier deliveries
Food industry news, voices and jobs. Optimized for your mobile phone.
Source: fooddive.com
Global supply chain crisis flares up again where it all began
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 pressures and headwinds to growth. Even if the virus is reined in, the disruptions will ripple globally —...
Source: taipeitimes.com