News Snapshot:
China says Biden effort to shift U.S. supply chains unrealistic China says Biden effort to shift U.S. supply chains unrealistic 0 Share China dismissed efforts to shift U.S. supply chains toward alternative sources as unrealistic, hitting back hours after President Joe Biden signed an order to review how America buys strategic goods. The order comes as U.S. and global automakers struggle to maintain light-vehicle output amid a shortage of microchips, exposing vulnerabilities in manufacturing and raising national security concerns for some countries. Chinese Foreign Ministry spokesman Zhao Lijian made the remarks Thursday in response to a question about the order,...
