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Five Lessons Learned in 2020 – and Where to Go from Here

Bristlecone

The World’s Factory: Over the past two decades, China has become the world’s production hub for nearly everything – pharmaceuticals, electronics, chemicals, toys, games, home furnishings – you name it, China produces it. For example, consider sourcing only commoditized items globally, and essential items and critical supplies closer to home.

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Which Industries Have Been Impacted by UFLPA?

Resilinc

Since UFLPA went into effect in July 2022, the top three industries that had shipments stopped by CBP include: 1) Electronics; 2) Apparel, footwear, and textiles; 3) Industrial and manufacturing materials. Notably, every single shipment from Malaysia detained by CBP fell under electronics. Automotive U.S.

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China and the global textile machinery

Exapro Hub

The study shows interesting figures such as: Number finishing machines in the “fabric discontinuous” category and new electronic flat knitting machines rose by 44% year-on-year. Deliveries of electronic flat knitting machines soared by 44% to around 202,000 machines in 2017. Sri Lanka: 15% / 38%.

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