CryptoPolyTech.com
Crypto, Politics, Tech, Gaming & World News.

China still embedded in US supply chain, Paper Finds | CPT PPP Coverage

 | cutline • press clip • news of the day |

Cryptopolytech (CPT) Public Press Pass (PPP)
News of the Day COVERAGE

200000048 – World Newser
•| #World |•| #Online |•| #Media |•| #Outlet |

View more Headlines & Breaking News here, as covered by cryptopolytech.com


China still embedded in US supply chain, Paper Finds appeared on www.hindustantimes.com by Hindustan Times.

China remains embedded in US supply chains even as American firms have taken steps to reduce direct imports from the Asian country, according to a paper presented at the Federal Reserve Bank of Kansas City’s annual Jackson Hole conference Saturday.

Report Reveals China's Continued Involvement in US Supply Chain ( image Source: Bloomberg)
Report Reveals China’s Continued Involvement in US Supply Chain ( image Source: Bloomberg)

The paper’s authors, Laura Alfaro of Harvard Business School and Davin Chor of Dartmouth College’s Tuck School of Business, documented a decrease in the share of US imports from China and a corresponding increase in the share of US imports from Vietnam and Mexico between 2017 and 2022.

The shift was spurred by US government policies including tariffs, which were aimed at decoupling the American and Chinese economies.

But Chinese firms appear to be finding ways to mitigate the impact, namely through increased exports to and foreign direct investment in Vietnam and Mexico.

“The US’ indirect supply-chain links to China remain intact; along some dimensions — through China’s economic ties with Vietnam and Mexico — these indirect links have even been intensifying,” Alfaro and Chor wrote.

“Even though the US may be reallocating its sourcing and imports toward Vietnam and Mexico, it may de facto remain connected with and dependent on China through third-countries, including through Vietnam and Mexico.”

FEATURED ‘News of the Day’, as reported by public domain newswires.

Find more, like the above, right here on Cryptopolytech.com by following our extensive quiclick links appearing on images or [NEWSer CHEWSer].
View ALL Headlines & Breaking News here.

Source Information (if available)

This article originally appeared on www.hindustantimes.com by Hindustan Times – sharing via newswires in the public domain, repeatedly. News articles have become eerily similar to manufacturer descriptions.

We will happily entertain any content removal requests, simply reach out to us. In the interim, please perform due diligence and place any content you deem “privileged” behind a subscription and/or paywall.

CPT (CryptoPolyTech) PPP (Public Press Pass) Coverage features stories and headlines you may not otherwise see due to the manipulation of mass media.

We compile ‘news of the day’ content in an unbiased manner and contextually classify it to promote the growth of knowledge by sharing it just like China still embedded in US supply chain, Paper Finds

First to share? If share image does not populate, please close the share box & re-open or reload page to load the image, Thanks!

You might also like