China's global manufacturing dominance persists despite 28.2% decline in inbound FDI.
China remains a dominant player in global manufacturing and supply chains despite declining foreign direct investment, with inbound FDI dropping 28.2% in the year through May. The trend of decoupling continues as policymakers and corporate leaders look for alternative manufacturing bases, but experts warn against overestimating deglobalization's impact. The truth of China's importance isn't simple, and some shift in manufacturing has already occurred.
June 25, 2024
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