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Some factories might leave China, but in the grand scheme of things it doesn't matter much
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BEIJING — China still holds the cards for global supply chains, whether or not Covid lockdowns frustrate businesses in the near term.
Companies and analysts have discussed moving factories out of China for years, especially since labor costs have climbed and U.S.-China trade tensions worsened.
Read more on cnbc.comAbout this in other media
Visa scheme for graduates from top 50 non-UK universities is launched theguardian.com /3 weeks ago
Elon Musk welcomes global recession: ‘it’s been raining money on fools for too long’ theguardian.com /3 weeks ago
Draft bill to ban China’s digital yuan from US app stores cointelegraph.com /4 weeks ago
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