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A Covid-safe conference call of Xi Jinping, Charles Michel, Angela Merkel and Ursula von der Leyen (Photo: Council of the European Union)

China's supply chains and 're-shoring' under Covid-19?

Due to the impact of the Covid-19 on global supply chains, some European companies have had difficulties sourcing much-needed raw materials from China.

Hence, some in Europe are calling for re-shoring or near-shoring the supply and industrial chains of such critical sectors as medicine and pharmaceuticals, in order to reduce dependence on China's supply chains and market. I also want to share a few thoughts here.

First, the current global industrial layout is a manifestation of t...

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Disclaimer

The views expressed in this opinion piece are the author’s, not those of EUobserver

Author Bio

Xia Xiang is minister of the economic and commercial office of the Chinese Mission to the EU.

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