Stark reminder for all execs talking up SME exposure
The smaller, the more exposed to China
The KUN-24AP
Clearly, many are unhappy with China’s dominance in manufacturing, with firms investing elsewhere in the hope of diversifying from the industrial powerhouse. This behaviour has been roundly criticised in recent Beijing talks.
If there is one thing shipping likes, it is economy of scale. The adjustment to a more diversified supply chain, then, will be a difficult one.
Lines that clambered over one another to become titans of east-west trade are now suffering from that same ...
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