Healthy Asia Trade Shows Limits of Reshoring Supply Chains
Although it was initially thought that reshoring would be one of the biggest impacts of the pandemic, the worldwide shift in production actually hasn't happened. We have not yet seen governments and companies worldwide moving manufacturing closer to home in response to supply chain challenges. Instead, measures that were put in place to contain the virus in Asia actually provided opportunities for manufacturing in the region to power ahead. There is now data to show this progress with intra-regional trade...
View full press release