The podcast gives an objective discussion by China Manufacturing expert Dr. Eamon McKinney and US based reshoring champion Harry Moser. The view from China by Dr. McKinney who is a renown sinologist will give you a rarely discussed understanding of how the Chinese are actively decoupling from the US, Canada and other allied countries, so are in many cases forcing North American companies to reconsider their supply chain strategy.
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Much has been recently written about the fragility of global supply chains. COVID 19, the trade war, increasing tariffs, and a sliding dollar have all been cited as good reasons to revisit the rationale of global sourcing and consider re-shoring. What has not been written about is the situation on the ground in China.
The industrial supply base in China is in turmoil, many manufacturing companies have gone out of business, and many more are on the verge of doing so. It is anticipated that 30% of these companies will be gone in a matter of months, most truly informed observers consider that figure optimistic.
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