To replace imported intermediate goods with domestically produced goods, a firm needs to find new domestic suppliers, which can be time-consuming. Furthermore, domestic production costs are likely ...
Amid escalating geopolitical tensions, the United States has grappled with the challenge of “de-risking” its trade relations with China over the past three years. This involves reducing dependence on ...
SEOUL, July 12 (Reuters) - South Korea on Thursday warned that an escalating trade dispute between the United States and China could hit its exports of "intermediate goods" used to make home ...
China’s specialized small and medium enterprises are an underrated part of its strategy to achieve self-reliance in key industries.