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US supply chains adopt 'China Plus One' strategy to diversify trade patterns

from DC Velocity

US supply chains adopt 'China Plus One' strategy to diversify trade patterns DC Velocity U.S. supply chains are adopting a "China Plus One" strategy as they shift away from an over-reliance on trading partners in that single country and strive to include more Asian and European markets in response to the pressure of recent trade wars and the coronavirus pandemic, according to an analysis by commercial real estate giant CBRE. READ MORE

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