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Lockdown cases are on the rise in China and lockdowns are being implemented in key hubs such as Zhengzhou, Tianjin, and Ningbo. Lockdowns could set us back where we were only a few months ago with crippled supply chain, and a stranglehold on the world economy.
Read MoreProduct imports are a huge part of the US global supply chain. You’ve seen ‘Made in China’ stickers on your products before, but now with COVID-19 restrictions and more outbreaks occurring in the Asian countries, supply chains are considering alternatives to embracing diversification.
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