How COVID – 19 Might Shape the Future of China Sourcing and Manufacture
APRIL 20, 2020
COVID-19 and the Future of China Sourcing and Manufacture. Economists are warning that the pandemic has triggered a drastic decline in world output and that a deep economic slump and financial collapse worse than the 2008 global economic crisis are unavoidable. Furthermore, Chinese suppliers may not look too kindly on the loss of business and may make it difficult for such enterprises if they need to source Chinese-made components or raw materials in their future operations.