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Supply Chains May Be Moving Out of China but Not Really Decoupling

Trade data suggests China's manufacturers are assembling fewer end products there and instead shipping materials to Southeast Asia for final assembly. ....

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China to account for less than half of low-cost US imports from Asia

Kearney, the Chicago-based management consulting firm, says US efforts to reduce reliance on China, as well as price-sensitive American buyers, are driving trade towards lower-cost alternatives in Asia. ....

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Geopolitics cause companies to consider production outside of China

One of China’s biggest water-heater manufacturers said its US clients had demanded it move production out of China in response to rising geopolitical tensions, reports the Financial Times. Lu Yucong, chair of Guangdong Vanward New Electric, blamed American and European protectionism for the shift. The move highlights how not just foreign companies but also Chinese… ....

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Commercial water heaters market size is set to grow by USD 3,068.01 million from 2022-2027; The increasing demand from the hospitality sector will boost the market- Technavio

/PRNewswire/ The global commercial water heaters market size is estimated to grow by USD 3,068.01 million from 2022 to 2027, according to Technavio. The. ....

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The Global Commercial Water Heaters Market is forecast to

Global Commercial Water Heaters Market 2023-2027. The analyst has been monitoring the commercial water heaters market and is forecast to grow by $3,068.01. ....

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