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Global supply chains will feel 'seismic shift'

from IFW

The next 10 years will see a seismic shift in the balance of power in global supply chains, according to John Manners-Bell, CEO of Transport Intelligence. He said Chinese manufacturers are developing quickly from low-cost suppliers of cheap goods for foreign original equipment manufacturers into global brands in their own right. Manners-Bell said this shift had been largely prompted by the Chinese authorities, which has encouraged companies to migrate up the value chain. more

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