China Trade War Update: Global Supply Chains Shifting, But Asia Not Easy Winner - News Summed Up

China Trade War Update: Global Supply Chains Shifting, But Asia Not Easy Winner


The trade war has given them an impetus to move faster. The trade war has had visible impacts on China’s exports to the U.S., with total shipments down 8% since October last year. “The combination of gains to the U.S. and losses to China suggests damages to the region’s export supply chain. It is not easy for companies to reconfigure their supply chain. In that sense, the China-U.S. trade war is like the bad blood between the Montague and Capulet families forcing the undesired separation of Romeo and Juliet.


Source: Forbes June 27, 2019 17:57 UTC



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