US-China tensions could drive more firms to diversify supply chains to Southeast Asia, think tank says

Mar 31, 2021 | INVESTING

More multinational companies could yet reconfigure their China-centred supply chains because of manufacturing disruptions during the coronavirus pandemic, a mood of heightened protectionism and changing geopolitics, a new report said on Wednesday.That is the claim from the ASEAN+3 Macroeconomic Research Office (AMRO), a regional macroeconomic surveillance unit based in Singapore that represents the 10 members of the Association of Southeast Asian Nations (Asean), plus China, Japan and South…

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