The end of ‘made in China’? Five ways to cut supply chain risks
Outbreaks of COVID-19 and geopolitical tensions underscore the urgent need to look beyond costs and diversify production to alternative locations to lower the risk of disruption Multinationals including Apple and Tesla are facing severe disruption to their supply chains in China after Beijing eased its stringent COVID-19 rules and infections swept across the country, underscoring the risk of concentrating production in one location. With China’s relative advantages as…