ESG, Trump, Covid hasten re-shoring trend

Made in USA reshoring manufacturing from Adobe 18Aug20 575x330
By Jon Hay
18 Aug 2020

Signs are growing that Western companies may be on the verge of a wave of moving manufacturing from China to other emerging markets and ‘re-shoring’ them to the home country, a trend that could have profound implications for markets and international politics.

So far, actual moves have been slight, but studies by Bank of America analysts suggest that many companies are thinking about it — and this has accelerated since Covid-19 brought home the vulnerability of long, concentrated international supply chains.

It was not unusual for supply chains to change, ...

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