Analysis: US to examine with fresh urgency easing reliance on China as pandemic disruptions expose global economic vulnerabilities

Everyone has a story to tell about the supply chain problems that have affected the global economy, from the beginning of the pandemic through to the disruption caused by the war in Ukraine. From shortages of Ikea furniture and Christmas turkeys, to the dearth of computer chips that sent the cost of secondhand cars soaring, the dislocation of a once smooth-running system has caused havoc in the global economy.

But while predictions about the easing of bottlenecks have come and gone without any improvement, it has become clear the disruptions of the past two years or more are spurring fundamental changes to the world economy that could have yet more profound impacts on our lives.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Russia-Ukraine war latest: what we know on day 180 of the invasion

Southern city of Nikopol near Ukraine’s Zaporizhzhia nuclear plant repeatedly shelled overnight;…

Draft EU legislation seeks to counter ‘dirty methods’ in Europe’s elections

Sites such as Facebook will have to publicly disclose identity of people…

Hamza Yassin: Strictly winner being touted as next David Attenborough

Wildlife TV presenter tipped for success after capturing country’s heart on path…

Dominic Raab was warned about his behaviour by top Foreign Office official

Exclusive: fresh claims that Simon McDonald relayed staff complaints to Raab when…