Dealing with Supply Chain Dependencies: Challenges and Choices illustrates the dilemma China’s global supply chain dominance has created. While EU companies remain committed to the Chinese market, the report finds that China’s outsized influence on supply chains is now resulting in negative outcomes for some foreign companies and third country markets alike, which is pushing them to diversify away from the country in certain areas.

China’s highly-efficient industrial clusters has seen it become the world’s only manufacturing superpower and a cornerstone of global supply chains, essential for producing numerous products. However, for many companies, while cost and efficiency are still important considerations, other factors, including the need to ensure resilience and flexibility, are increasingly driving supply chain decision making.

Read the press release in full.