Manufacturers pulling out of China should consider Africa to diversify their supply chain

China’s manufacturing domination, with its share of global manufacturing at 28 per cent, has given it considerable economic power. Covid-19 has laid bare China’s willingness to use this power for geopolitical ends and brought home the very real risks of overreliance on any single source for critical supplies. There is a growing sense of urgency for supply chains to become more diversified, which begs the question: who can fill the void? Rising labour and land costs, and the arbitrary nature in…

Read the original article at South China Morning Post