Pandemic strengthens China’s position as a global manufacturer


Despite all the rhetoric in Western capitals about reducing reliance on Chinese factories, China has cemented its position as the world’s leading supplier of manufactured goods over the past two years.

While some of China’s gains in global markets may dissipate as the effects of the pandemic fade, the trend nonetheless underscores how difficult it is to disconnect from the world’s biggest factory. Such “decoupling”, as it is called in political circles, is particularly difficult as Chinese factories extend their reach to high-end products like chips and smartphones and new technologies such as electric cars and computers. green energy.


Wj

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