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Insights on Global Supply Chains and Impact of China's Involvement
The chapter discusses Peter S. Goodman's insights from his book 'How the World Ran Out of Everything Inside the Global Supply Chain', exploring the evolution of global supply chains since China's entry into the WTO, the effects of factors like globalization and McKinsey's influence, and the impact of the pandemic on the supply chain. It emphasizes the complexities and challenges faced in the current supply chain crisis, shedding light on the consequences of global supply chain breakdown during the pandemic and the influence of China's membership in the WTO.