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China’s manufacturing attractiveness dims

US re-looking at reliance on China as pandemic disruptions expose global economic vulnerabilities

China Global Supply Chain World Map- Supply Chain Tribe by Celerity

Despite the lockdowns and higher wages eroding one of China’s key competitive advantages, its position in the global supply chain is quite well-established.

In Washington this week, a hearing has been convened by the government’s China economic and security review commission to examine how to ease America’s reliance on China’s massive manufacturing base for goods, spare parts and materials of all kinds.