Financial Times on Nostr: nostr:note15e8wnlla6qpquav9wg2e4cxuxec4xf3scr5ddaqr6lwgen52qdrqprp5p6

quoting note15e8…p5p6

The Unlikelihood of Full Decoupling from China and the Importance of Reform in Global Supply Chains
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#c06f51b5 ver:0.1

European companies are trying to decouple from China, but full decoupling is unlikely. China's role in global supply chains is too important to replace. Reform in China differs from Western countries, focusing on both markets and the state. US tariffs on Chinese imports and European efforts to counter China's economic practices increase tensions. Mistrust between China and the US puts pressure on the private sector and healthcare costs. Import restrictions on Chinese clean energy products could delay global green transition targets. The EU's approach to reducing trade risks may lead to Beijing tightening its grip on critical raw minerals. China's position in global supply chains is hard to replace. #China #SupplyChain #Decoupling...

#newstr #China #SupplyChains #Reform #Trade #Technology #UschinaRelations

https://here.news/story/c06f51b5?ver=0.1