The article doesn’t speculate whether any of this drop is due to #onshoring of #manufacturing in the #USA and/or #supplychain adjustments primarily to #India and #Vietnam. China's exports plunge by 7.5% in May, far more than expected https://www.cnbc.com/2023/06/07/chinas-exports-plunge-by-7point5percent-in-may-far-more-than-expected.html?__source=iosappshare%7Corg.joinmastodon.app.ShareActionExtension
#onshoring #manufacturing #usa #supplychain #india #vietnam
The mention of key terms #reshoring #onshoring and #nearshoring in corporate reports, chart @MartinWolf_ op-ed @FT https://cutt.ly/E3PYeAA
#reshoring #onshoring #nearshoring