Dealing with Supply Chain Dependencies: Challenges and Choices

Paper by the European Chamber
The European Chamber published Dealing with Supply Chain Dependencies: Challenges and Choices, which illustrates the dilemma China's global supply chain dominance has created. While EU companies remain committed to the Chinese market, the report finds that China's outsized influence on supply chains is now resulting in adverse outcomes for some foreign companies and third-country markets, prompting them to diversify away from the country in certain areas.

China's highly efficient industrial clusters have seen it become the world’s only manufacturing superpower and a cornerstone of global supply chains, essential for producing numerous products. However, for many companies, while cost and efficiency are still important considerations, other factors, including the need to ensure resilience and flexibility, are increasingly driving supply chain decision making.

Full Paper: here