Even though China has fared better in its economic recovery than originally anticipated, the pandemic boosted the long-term trend of businesses diversifying and engaging suppliers in China’s regional competition.
Differences in infectious substance classifications, packaging requirements and other shipping regulations between countries create significant supply-chain challenges — particularly when it comes to sourcing approved packaging for shipping COVID-19 samples in Southeast Asia.
For months, developed economies have hoarded COVID-19 vaccines and the raw materials needed to make them. Now, they’re being forced to act as an explosive outbreak in India raises the risk of new virus mutations that could threaten the wider world.
The Ever Given leaves in its wake several weeks or months of disruptions across a world economy where the pandemic revealed both the sturdy backbone of global trade and an Achilles’ heel.
The latest supply chain news, analysis, trends and best practices for companies operating in Asia Pacific. The Asia Pacific region is the part of the world in or near the Western Pacific Ocean - including East Asia, South Asia, Southeast Asia, Australia and Oceania. Learn how businesses are optimizing supply chain and logistics performance in these regions - addressing a range of challenges such as rising labor costs, poor infrastructure, complex customs and trade laws, unstable political climates and government controlled exchange rates.
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