Against the odds: Globalisation – pick n' mix from 354 solutions
Politics is messing up supply chains
© Khunaspix Dreamstime.
With labour and production costs on the increase in China, and fuel bills also continuing to rise, there has been much talk of manufacturing returning to the West, particularly in the United States. However, this article argues that most of that talk relies on anecdotes and wish-believe, whereas the facts are that more manufacturing is leaving the US than returning. A reality check for those who think that global trade flows are in reverse.
Comment on this article