Dexter Tiff Roberts, an award-winning journalist and Nonresident Senior Fellow with the Asia Security Initiative at the Atlantic Council, speaks to India Today about China-India relations, shifting global supply chains in China amid the US-China trade war and the COVID-19 pandemic, and the implications for the Indian economy.
Decoupling [with China] is a fool’s errand. The primary reason is because the amazing ecosystem of companies, infrastructure, and logistics makes it still very affordable to produce in China but equally because of the massive Chinese market.
But there is now a real reckoning among MNCs around the world, following the trade war and the COVID-19 about the risks of being too reliant on one market for production. So, [supply chains] have been shifting, it began a while back and it is going to continue.