Economics
Reshaping Pips Reshoring of Global Supply Chains, HSBC Says
- Investments in data and automation to help boost resilience
- Only 17% said they plan to shrink their geographic footprint
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Globalization wobbled in the pandemic, even failed on some counts as the coronavirus spread around the world, but the changes companies are planning to strengthen their sprawling supply chains don’t suggest a big retrenchment from their overall strategy of international commerce.