Part 4/6:
Historically, many believed China’s manufacturing dominance was permanent, reinforced by years of consistent growth, infrastructure investment, and a vast labor pool. But the current landscape suggests otherwise. The reliance on China's manufacturing base is now increasingly viewed as risky rather than advantageous.
Why Are CEOs Rethinking?
The primary concern among executives is the risk of being trapped in a system where, overnight, their operations could be shut down or severely impacted by government policies. The uncertainty surrounding China’s regulatory environment and political climate makes long-term planning challenging. Companies are seeking greater flexibility and resilience in their supply chains, even if it comes at a higher short-term cost.