An employee works on the production line of electric vehicle battery manufacturer Octillion in Hefei, Anhui province. China has retained many critical supply chains locally, making it necessary for others to cooperate with it. Photo: Reuters
Opinion
Opinion
Macroscope
Why China is still the world’s factory, only upgraded
- Despite rising costs, a US trade war and the Covid-19 outbreak, China’s resilient supply chain has prevailed and enabled its economy to move up the value chain
- China remains an export powerhouse reshaping the landscape of global trade
An employee works on the production line of electric vehicle battery manufacturer Octillion in Hefei, Anhui province. China has retained many critical supply chains locally, making it necessary for others to cooperate with it. Photo: Reuters
