The United States, Japan and France are prodding their companies to rely less on China to make the world's smartphones, drugs and other products.
But even after the coronavirus derailed trade,
Countries prod firms to reduce dependence on China, but find few takers
Even after the coronavirus derailed trade, few want to leave China's skilled workforce and efficient suppliers of raw materials to move to other countries
 "exports, imports, trade, RCEP")
Premium
Drug makers stand out as one industry that is trying to reduce reliance on Chinese suppliers by setting up sources of raw materials in the US and Europe
Topics : Coronavirus China imports COVID-19
First Published: Jun 30 2020 | 5:35 PM IST
Key stories on business-standard.com are available only to BS Premium subscribers.
Register to read more on Business-Standard.com
