, Columnist
Supply Chains Aren’t Broken, at Least Not Everywhere
Trade is booming among major Asian nations as businesses rise above the geopolitical ebb and flow.
What snarls?
Photographer: Choi Jae-Ku/AFP/Getty Images
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The world is fretting over the demise of global supply chains and the threat of deglobalization, with the US trying to lure manufacturing activity back home — or at least closer.
Yet supply chains have actually evolved for the better in some places — particularly in Asia — despite all the challenges since 2020 as Covid roiled global trade.