American Factory boss says pandemic will change China’s role in global supply chain

American Factory boss says pandemic will change China’s role in global supply chain

Continuing the Institute’s look at potential changes to global value and supply chains as a result of coronavirus. Frank Tang cites Cao Dewang, the Chinese owner of the Fuyao Glass America factory, who says countries will cut their reliance on Chinese manufacturing after the coronavirus, in an article published in the South Morning China Post. The article suggests Global Supply Chains will change, but rich countries will struggle to rebuild manufacturing at home after offshoring production for decades.

https://www.scmp.com/economy/china-economy/article/3079983/coronavirus-american-factory-boss-says-pandemic-will-change?utm_campaign=John%20L.%20Thornton%20China%20Center&utm_source=hs_email&utm_medium=email&utm_content=87211726