As China loses supply chains, other Asian countries step up to take their place

Trade & Border IssuesHot SpotsCovid-19
Written By Jennifer Joslyn

🇨🇳 As China loses supply chains, other Asian countries step up to take their place.

India, Vietnam, Thailand, Malaysia, and Bangladesh are all scrambling to replace China’s top spot as the manufacturing capital of the world after strict Covid-19 policies are sending global companies whirling. Geopolitical tensions have done nothing to help their situation, as legislators pressure companies to diversify their supply chains away from Chinese companies. Notably, iPhone maker Apple announced they were making the change to India and Vietnam’s long-term plans of economic reform are finally coming to fruition after nearly four decades of efforts.

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As China loses supply chains, other Asian countries step up to take their place
As China loses supply chains, other Asian countries step up to take their place

India, Vietnam, Thailand, Malaysia, and Bangladesh are all scrambling to replace China’s top spot as the manufacturing capital of the world after strict Covid-19 policies are sending global companies whirling.

Jennifer Joslyn
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