BUSINESSSCMP CHINA
The end of ‘just in time’? Asia rejigs supply chains post-Hormuz
Asia is reconsidering 'just in time' supply chains after three major crises: factory closures during the pandemic, Russia's invasion of Ukraine disrupting Black Sea grain exports and energy prices, and the US-Israel war on Iran exacerbating supply chain vulnerabilities. Economists suggest these disruptions have rendered the system unsustainable.
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