The restructuring of global supply chains has multifaceted and complex origins. The Covid-19 pandemic, climate change, automation, and geopolitical tensions have all contributed to reshaping companies’ international distribution and trading patterns. Each of these issues alone would make the prospect of improving supply chain resilience daunting. No country alone can easily fix all of them. […]

Illustration: Chen Xia/GTThe AP published an article on Monday under a headline: “Chinese businesses hoping to expand in the US and bring jobs face uncertainty and suspicion.” What the article describes is beyond regrettable and truly deplorable. “Chinese businesses are coming to the US with money, jobs and technology, only to find rising suspicion,” the […]

Illustration: Chen Xia/GTThe trade war, initiated by the US against China in 2018 and intensified in the following years, has placed unprecedented external pressure on China’s economy. However, this pressure has catalyzed China’s economic transformation and market diversification efforts. Beijing’s strategic pivot to expand external markets and extend its supply chains has rapidly reduced its […]

There has been a constant barrage of supply chain disruptions over the past four years, thanks to COVID-19, geopolitical conflicts (Russia-Ukraine, Israel-Hamas wars), climate change, and shifting demographics. These issues have been particularly challenging within the medical devices sector, where the need for resilient supply chains is crucial. The COVID-19 pandemic exposed the vulnerabilities in […]