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Major US Firms Demand Suppliers Embrace "China + 1" Factory Strategy
Major US Firms Demand Suppliers Embrace "China 1" Factory Strategy The Covid pandemic sparked a wave of global trade uncertainty, prompting US companies to reevaluate their complex supply chains centered in China by either friend-shoring, near-shoring, or re-shoring. This shift toward friend-shoring in Southeast Asia (ex-China) has positioned Thailand as a pivotal ally in Washington's US-China decoupling strategy. The 'America First' economic policy directed by President Trump
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