Economics

China Says Biden Bid to Shift U.S. Supply Chains Unrealistic

Foreign Ministry hits back hours after president orders review
Washington seeking alternative sources for strategic goods

The One Apus Container Ship Docks in Kobe After Loss of Containers in Adverse Weather — Photographer: Buddhika Weerasinghe/Bloomberg

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By Bloomberg News

February 25, 2021 at 7:51 AM UTC

Updated on

February 25, 2021 at 9:32 AM UTC

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China dismissed efforts to shift U.S. supply chains toward alternative sources as unrealistic, hitting back hours after President Joe Biden signed an order to review how America buys strategic goods.