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Reuters (October 2)

2023/ 10/ 03 by jd in Global News

“Tensions between the West and China are rising, from tit-for-tat trade tariffs to tech rivalry and spying allegations. The ramifications for global markets are significant, with Washington and Beijing’s determination to loosen dependence on each other fraying long-established supply chains. That could help keep inflation and interest rates elevated. Still, there are gains for emerging nations and tech giants on the right side of the power battle.”

 

South China Morning Post (July 4)

2023/ 07/ 05 by jd in Global News

“Beijing’s decision to impose export controls on critical raw materials used in manufacturing semiconductors, communication equipment and solar panels could complicate the US-led efforts to shift critical supply chains away from China.” Its latest move appears to seek “leverage in negotiations with Washington over access to core technology.”

 

Star Tribune (November 5)

2022/ 11/ 07 by jd in Global News

“Transoceanic shipping is no longer backed up. But labor shortages at airlines and trucking firms continue to influence U.S. supply chains.” An October survey found that central state supply mangers believed “the speed of deliveries is back to pre-pandemic levels. But about one-third of them also said their biggest challenge for the fourth quarter was supply-chain disruptions,” albeit markedly down “from nearly 60% two months earlier.”

 

New York Times (January 16)

2022/ 01/ 17 by jd in Global News

China’s zero-tolerance COVID policy has been “highly effective, but the extreme transmissibility of the Omicron variant poses the biggest test yet,” and threatens to disrupt supply chains. “The potential for setbacks comes just as many companies had hoped they were about to see some easing of the bottlenecks that have clogged global supply chains since the pandemic began.”

 

Washington Post (October 17)

2021/ 10/ 17 by jd in Global News

“While Americans are leaving their jobs at staggering rates — a record 4.3 million quit in August alone — hundreds of thousands of workers with similar grievances about wages, benefits and quality of life are…choosing to dig in and fight.” Empowered by the Great Resignation, union action is up sharply in 2021. “Workers are now harder to replace, especially while many companies are scrambling to meet heightened demand for their products and manage hobbled supply chains. That has given unions new leverage, and made striking less risky.”

 

Supply Chain Management Review (April 27)

2021/ 04/ 28 by jd in Global News

“Global manufacturing and supply chains were severely disrupted by the COVID-19 global pandemic, forcing companies to adapt and plan for a new business reality.” This year, however, the industry “is already quickly rebounding with investments in digital transformation aimed at improving speed, resilience and sustainability. While areas of concern persist, most report that lessons from the pandemic have paved the way for new innovations.”

 

The Economist (April 3)

2021/ 04/ 04 by jd in Global News

There are now “growing worries that, like a ship which is too big to steer, supply chains have become a source of vulnerability…. As they battle the pandemic and face up to rising geopolitical tensions, governments everywhere are switching from the pursuit of efficiency to a new mantra of resilience and self-reliance.”

 

Reuters (December 13)

2020/ 12/ 14 by jd in Global News

“A final Brexit without a trade deal would damage the economies of Europe, send shockwaves through financial markets, snarl borders and sow chaos through the delicate supply chains across Europe and beyond.” British Prime Minister Boris Johnson and EU Commission President Ursula von der Leyen agreed to extend talks beyond Sunday. “With a succession of deadlines missed, time is now critically short.”

 

Financial Times (March 2)

2020/ 03/ 04 by jd in Global News

“Europe as a whole, the UK included, should prepare for two foreseeable material economic shocks this year: a spread in the coronavirus and a WTO Brexit.” This may help create “the perfect storm for an economy dependent on exports and global supply chains.”

 

Bloomberg (February 4)

2020/ 02/ 06 by jd in Global News

“Fears that the coronavirus will ravage global supply chains rooted in China are spreading fast.” For some industries this could be a blessing. “A hiatus from production in the world’s largest car market may force” automakers “to take some needed rebalancing.” Overcapacity and production are running rife. “China’s factories have the capacity to make over 60 million vehicles a year. Only a third of that number are sold. Yet carmakers seem unable to, well, stop making cars.”

 

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