India’s gain could be China’s loss in the great supply chain reallocation
Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.
The pre-pandemic approaches to supply chains were conditioned on the assumption that global links were reliable, predictable and cost-effective. Covid-19, geopolitics and labour market dynamics are driving firms and countries to look to new locations such as India, Mexico and Southeast Asia for diversification.