How the politics of China-centred supply chains is weighing on global economic recovery


Source: vnexplorer.net vnexplorer.net

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How the politics of China-centred supply chains is weighing on global economic recovery 21/06/2021 The risk of inflation is more broad-based than many people seem to realise and, once this realisation sets in, there is a danger of an already-tentative global economic recovery unravelling. As has been the case with many past market crashes and economic recessions, complacency comes before a fall. According to sceptics, inflation concerns are overblown. Recent price rises are a transitory phenomenon caused mainly by pandemic-induced bottlenecks in the manufacturing and service industry supply chains that serve global business and industry. “Ignore them and they will...