The Myth and Reality of Supply Chain Movements in Asia

This chapter explores the myth that moving supply chains out of China reduces its importance in the global economy, when in fact, China's significance has grown due to its central role in manufacturing supply chains and the increasing dominance of Chinese exports in industries like electric vehicles. It discusses the challenges and risks of moving supply chains to Southeast Asian countries, and how China's rise as a competitor could impact Western producers and lead to protectionist pressures.