Foxconn unveils plan to build electric vehicles – but not in China
Developments this week have laid bare the growing enmity between the US and China, as ...
This is an interesting article in Forbes, looking at the future of globalisation. With companies looking to reduce supply chain reliance on China, where will they go next? Not all countries’ markets are up to the challenge. Some, which are large and yet isolated, like India and Brazil, may fare better in a de-globalised world. Others could look to their wider region to become a manufacturing hub, (think Eastern Europe). But, warns one analyst, there is no going back. “The nature of [the relationship between the US and China] will be fundamentally changed.” And that change will have global ramifications.
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Alex Lennane
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