Source: China – South China Morning PostA new report recommends European companies diversify away from overreliance on China and the US, as companies find themselves squeezed between Beijing’s preferential policies for local companies and Washington’s trade volatility.
The European Union Chamber of Commerce in China advised companies to “eliminate single-source dependencies on both China and the United States where possible” in a report on supply chain dependencies released on Wednesday.
“We are probably only seeing the very tip of…Read More