News Analysis When it comes to supply chains, all roads lead to China, even if the products are “made” elsewhere. A laptop sold in the United States, with a “Made in China” sticker, is assembled in China, and many of the components are also sourced from China. This is the easy part of tracing global supply chains, as most consumers know that the large components of many everyday products come from, or are assembled, in China. The part that many people do not know, and the reason why China is able to dominate global supply chains so thoroughly, is that the small things—the metals and elements that are crucial to making electronics work—are also dependent on China. The Chinese Communist Party’s (CCP) 11th and 12th Five-Year Plans encouraged Chinese companies to invest overseas, while it pledged financing and support from Chinese state-owned banks. One of the goals stressed in the 12th …
China’s Control of Global Supply Chains Will Extend to the Sea and Moon
November 2, 2021
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