How China Is Countering Push to Rewire Global Supply Chains
China has introduced new rules to protect its role as the world's factory by investigating and punishing actions seen as discriminatory and harmful to its supply chain security. The measures target foreign efforts to shift global supply chains away from Chinese suppliers and restrict China's access to key materials and technology.
China is taking steps to maintain its position as the world's factory amid efforts by the US and its allies to relocate manufacturing closer to home. New regulations aim to counter foreign actions that shift global supply chains away from Chinese suppliers. Authorities can investigate and penalize actions deemed discriminatory and threatening to China's supply chain security. The measures also target efforts to limit China's access to crucial materials and technology. China's supply chain security is a key concern for the government, driving these new protective measures.
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