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‘Rushed’ sourcing shift out of China prompts some reconsideration‘Rushed’ sourcing shift out of China prompts some reconsideration
2024-09-02 22:26:53
SINGAPORE — “China plus-one,” “friend-shoring” and “reshoring” may be catchphrases of the day, with the underlying trends they describe being well-supported by macro-level trade data. But as sourcing shifts out of China due to risk mitigation and other factors, one thing is increasingly appar...
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‘Rushed’ sourcing shift out of China prompts some reconsideration
2024-09-02 22:26:53
SINGAPORE — “China plus-one,” “friend-shoring” and “reshoring” may be catchphrases of the day, with the underlying trends they describe being well-supported by macro-level trade data. But as sourcing shifts out of China due to risk mitigation and other factors, one thing is increasingly appar...
Maersk temporarily pauses Red Sea routings after new attacks
2024-09-02 22:25:14
Maersk on Sunday said it would pause any further transits through the Red Sea for at least 48 hours after one of its container ships was attacked twice within 24 hours by Houthi rebels who do not appear deterred by the presence of a multinational naval force meant to restore security in the region.&...
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