Posted inAT+

Shrinking US CapEx makes re-shoring a charade

In April 2023, Asia Times released a study of US trade dependencies under the title, “The Great Re-Shoring Charade.” We found that the United States imported less from China only because it imported more from countries dependent on Chinese semi-finished goods, components and capital goods.

In effect, America’s “friend-shoring” partners assembled finished goods out of imported Chinese components and shipped them on to the United States.

To continue reading, please log in to your AT+ Premium account. Not yet a member? Please signup for AT+ Premium monthly membership, AT+ Premium yearly membership or AT+ Premium Access membership.

Sign In

We've recently sent you an authentication link. Please, check your inbox!

Sign in with a password below, or sign in using your email.

Get a code sent to your email to sign in, or sign in using a password.

Enter the code you received via email to sign in, or sign in using a password.

Subscribe to our newsletters: