40% of German, Spanish, and over 30% of French companies expect supply chain expansion in China, per Allianz Trade survey.
A survey by Allianz Trade shows that Chinese companies are optimistic about an increase in trade exports, as global firms show no signs of fully decoupling from China. China remains a "critical supplier" to the world, with efforts for full decoupling deemed "difficult, if not impossible." Nearly 40% of companies in Germany and Spain, and over 30% in France, expect their supply chain footprint in China to increase.
May 17, 2024
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