After years of fighting to keep covid outside of China, the surge in infections in October and November forced Beijing to choose between enormous lockdowns and the abandonment of the 'zero covid' strategy. They opted for the latter, under pressure from the population. Nearly all restrictions have been removed by the government. As a result, over the past couple of weeks, a gigantic wave has hit a good chunk of the population. Let's look at what a newly opened China without quarantine and … [Read more...]
A New ‘Cold War’ Between The USA & China’s Effect On Manufacturing [Podcast]
As tensions rise between China and the USA, is a new 'Cold War' brewing? If so, what effect is this or could this be having on manufacturing? Adrian from Sofeast and myself go political in this episode, discussing how the political rhetoric and actions towards China by the USA and other Western nations are on a downward trend and how the media seem to encourage this, too. Renaud posted this recent Forbes article which suggested that Americans polled would be prepared to pay 20% more for … [Read more...]