The global supply chain continues to shift away from China but remains the top sourcing location

The global supply chain continues to shift away from China but remains the top sourcing location




Although China has recovered relatively strongly from the pandemic and got it under control much faster than the West, long-term diversification trends in the global supply chain are shifting, according to a survey by more of the world’s second largest economy in March 2019, 96 percent of the in US-based companies and 100 percent of Europe-based companies list China as one of the top three sourcing countries, but those shares….

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Although China has recovered relatively strongly from the pandemic and got it under control much faster than the West, long-term diversification trends in the global supply chain are shifting, according to a survey by more of the world’s second largest economy in March 2019, 96 percent of the in US-based companies and 100 percent of Europe-based companies list China as one of the top three sourcing countries, but those shares….

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