The container in the colors of the People's Republic of China in the port
by Patrick J. Byrne
Symbolic of the retreat from globalisation of trade, Foxconn, the manufacturer of iPhones and key supplier of Apple products, says it is moving more of its operations back to the United States and that China’s time as factory to the world is finished.
A Bank of America (BofA) report, entitled Tectonic Shifts in Global Supply Chains, surveyed 3,000 global companies and found that across 12 industries – ranging from semiconductor manufacture to capital goods – more …
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