To relieve supply chains and ensure production continuity, companies could build up raw materials reserves. Japan, China, and the USA are miles ahead of Berlin and Brussels where the topic is being discussed. So far, however, this approach has been too expensive. Government stocks could also be part of the strategy.
By Leonie Düngefeld
The Commission is pushing ahead with the Raw Materials Initative: yesterday, the first building blocks were presented to the Parliament's Industry Committee. However, much remains open. A draft of the legislative package should be available by the end of the year.
By Leonie Düngefeld
Consumers in the West largely agree that they reject products made under forced labor. Still, many have only an abstract idea of what forced labor looks like in practice. Companies, authorities, and banks in Xinjiang work together to pressure people and withhold salaries.
By Marcel Grzanna
Covid lockdowns and the war in Ukraine are weighing on the bottom lines of European companies in China. The mood is rapidly slipping. Some companies are already asking themselves how much they should still rely on China in the future. Therefore, the EU Chamber of Commerce is urgently calling on the Chinese authorities to change their zero-Covid strategy and finally reopen the country's borders.
By Redaktion Table
Europe has become critically dependent on China in some respects. As a result, global supply chains need to be reconsidered and reorganized. Shifting production back from China to Europe will play an increasingly important role in this process.
By
In a globalized world, supply chains are one of the most important elements in international trade. In recent years, working conditions and human rights violations in supply chains have caused a stir. The question arises whether Western companies profit from the treatment of workers in China that violates human rights. But it is no longer just about the forced labor of the ethnic minority of the Uyghurs in the cultivation of cotton. In the meantime, large corporations such as Apple and Volkswagen are being targeted. In addition to the European investment agreement CAI (Comprehensive Agreement on Investment) and a planned supply chain law for German companies, Western countries are taking action with sanctions and boycotts against China, but also against the companies involved. But the coronavirus pandemic has also affected supply chains. There have been increased supply bottlenecks and empty shelves worldwide. China wants to counter this with a state-owned logistics company called China Logistics Group. From EU supply laws to human rights violations and sanctions to suppliers and trade strategies - news and articles on China supply chains up to date from the Table.editorial team!
