China is willing to work with other countries to build a global industrial and supply chain system that is secure, stable, smooth, efficient, open, inclusive and mutually beneficial, Premier Li Qiang said on Tuesday. Addressing the opening ceremony of the first China International Supply Chain Expo in Beijing, Li said that maintaining the resilience and […]
Reshoring News
NEW YORK, NY – Few have experienced today’s macro uncertainty in their lifetime, and investors have underappreciated and underpriced its impact. The recession that many expected in 2023 never arrived. Inflation rates peaked in the fall of 2022 in many geographies and disinflation continued throughout 2023, despite economies being generally stronger than expected. In their […]
LONDON, Nov 22 (Reuters) – Asset manager NZ funds has made a 300% return on its bet that the price of uranium would benefit from supply shortages arising from growing geopolitical tensions between the U.S., Russia and China and from a global push to ditch fossil fuels. In a message to Reuters on Wednesday, NZ […]
Covid unraveled significant portions of the global supply chain. Today, the supply chain is re-assembling in new ways, reflecting widespread enthusiasm among manufacturers for onshoring and reshoring initiatives. There is certainly an appetite for onshoring and nearshoring, particularly among large manufacturing companies, says Bryan Bird, President of Americas at Universal Robots. “We speak with a […]
Covid-related supply-chain disruptions and the inflation they brought about in the U.S. are starting to go back to normal, but some of the reaction to that disruption—in the form of new trade policies and reshoring efforts—could cause inflationary pressures of their own, according to a report from Goldman Sachs Research. Amid these two potentially opposing […]
November 20, 2023 Posted by China BriefingWritten by Arendse HuldReading Time: 8 minutes China’s inland provinces are rapidly becoming the new center of the country’s manufacturing industry, evidenced by the growth in exports from central and western provinces. Offering lower production costs while remaining deeply integrated into existing supply chains, these areas offer a compelling […]
Sustainability a lower priority in 2024 Some supply chain issues that gained ground in 2023 have dropped on ASCM’s annual priority list. A combined trend encompassing sustainability and the circular supply chain, which aims to minimize the use of raw materials and reduce waste by repurposing discarded waste, was listed seventh in 2022, but ninth […]
Published: 16 November, 2023 Southern Manufacturing & Electronics 2024 will open its doors again from 6-8 February. PWE takes a closer look at the forthcoming show. Southern is an ideal event to see all the latest in machine tools, tooling, work-holding, 3D printing equipment, PCB design, contract electronics manufacture and box build, electro-mechanical systems, components […]
MUMBAI, Nov 16 (Reuters Breakingviews) – The United States prefers to talk about efforts to reduce its dependence on China in positive language. American officials use terms like “de-risking”, “friendshoring” and safeguarding “national security”. Their Chinese counterparts view all these references as a way of describing a decoupling of the world’s two largest economies – […]
SUS Corporation, a Japanese supplier of aluminum frames and die-cast aluminum components for the automotive industry, has deployed a series of ABB’s YuMi dual-armed collaborative robots. SUS Corporation says that ABB’s robots are enabling it to reshore its production and address challenges presented by workforce shortages. ABB’s dual-arm YuMi, the IRB 14000, is part of […]
