![](https://i.imgur.com/CLvY2jA.png")
17-05-2022, 12:41 PM
I purposely quote CNBC - because only the cock up kokee and stooge gang will then shut up! Otherwise they will hysterically accused me of posting biased China media:
China still holds the cards for global supply chains, whether or not Covid lockdowns frustrate businesses in the near term.
Key Points:
China’s tight Covid controls have reignited conversations about moving supply chains out of the country.
From China’s perspective, the movement out of local manufacturing is not going to be significant enough to really alter the nature of China’s role in the overall supply chain,” Vishrut Rana, Singapore-based economist at S&P Global Ratings, said in a phone interview.
For the first four months of the year, foreign direct investment into China rose by 26.1% year-on-year to $74.47 billion, China’s Ministry of Commerce said, with that from the U.S. up by more than 50%.
https://www.cnbc.com/2022/05/17/some-fac...atter.html
China still holds the cards for global supply chains, whether or not Covid lockdowns frustrate businesses in the near term.
Key Points:
China’s tight Covid controls have reignited conversations about moving supply chains out of the country.
From China’s perspective, the movement out of local manufacturing is not going to be significant enough to really alter the nature of China’s role in the overall supply chain,” Vishrut Rana, Singapore-based economist at S&P Global Ratings, said in a phone interview.
For the first four months of the year, foreign direct investment into China rose by 26.1% year-on-year to $74.47 billion, China’s Ministry of Commerce said, with that from the U.S. up by more than 50%.
https://www.cnbc.com/2022/05/17/some-fac...atter.html
![[+]](https://sgtalk.net/images/bootbb/collapse_collapsed.png)
