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U.S. Manufacturers Seek China Alternatives

May 31, 2023 · 5:00 pm ET · Leave a Comment

“Fears of military conflict and increasing security worries have some U.S. manufacturers re-evaluating their reliance on China,” the Wall Street Journal reports.

“Executives are plotting alternate supply chains or devising products that can be made elsewhere should China’s hundreds of thousands of factories become inaccessible. That prospect became more conceivable, they said, after the 2022 invasion of Ukraine prompted companies to sever ties with Russia, sometimes taking huge write-downs.”

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