The Big Asian Economies Rethink a Made-in-China World

Decoupling from China isn’t just gaining in popularity among trade hawks in Washington, now that the pandemic has made repatriating supply chains even more critical for some of them. The moves to reduce the reliance on Chinese manufacturing are widening across Asia, too.

The U.S. was only the sixth-largest source of direct investment for China in the first 10 months of 2019. So that arguably makes the moves of Taiwanese, Japanese, or South Korean companies and governments more consequential for how investment and supply chains are redirected.