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Time running out to counter China’s rising grip on global supply chains

1 min read
Source: Financial Times
Time running out to counter China’s rising grip on global supply chains
Photo: Financial Times
TL;DR

The US Chamber of Commerce warns governments have a finite window to push back against China’s state-led industrial policies, which deepen dependence on Chinese supply chains and boost Beijing’s global influence. A Rhodium Group report for the chamber highlights China’s shift from low-cost manufacturing to high-tech production (including robotics) and a broader industrial-policy push, signaling a potential reordering of global trade that policymakers must address soon to protect advanced economies’ competitive edge.

Topics:businessworld#china#global-trade#industrial-policy#supply-chains#us-chamber-of-commerce#world
Share this article
  1. China expanding its industrial dominance, warns US business group  Financial Times
  2. China’s Policies Threaten $650 Billion in G-7, US Chamber Says  Bloomberg.com
  3. What the world can and can’t learn from China’s industrial policy  East Asia Forum
  4. China’s Next-Generation Industrial Policy  Rhodium Group
  5. China`s supply chain dominance likely to be hit by tech leap in West  Investment Guru

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