In The News

David Rotman June 23, 2020
The world received early warnings about Covid-19’s high transmission and mortality rates in early January, weeks before the disease took beyond China where it originated. Muddled communications, slow development of tests, fragmented data collection systems and equipment shortages compounded the spread. “In an age of big data in which companies like Google and Amazon use all sorts of personal...
Mathilda Jordanova-Duda May 30, 2020
Equipment, whether routine appliances or life-saving ventilators, is manufactured with supply strains stretching over multiple countries. Mathilda Jordanova-Duda, writing for Deutsche Welle, describes how the Covid-19 pandemic prompted Boge, a German air-compressor business, to reassess its supply chains, including motors from Asia, piping from Eastern Europe, cooling systems from China and other...
Paul Hannon and Tom Fairless May 7, 2020
Investors and policymakers regard the Manufacturing Purchasing Managers Index, or PMI, as a leading indicator of economic activities. PMI above 50.0 implies a rise in activities, offering an optimistic forecast while a reading below that shows economic decline. With the wide spread of COVID-19 around the world and more countries joining the lockdown, PMI witnessed a sharp drop in April. In India...
Simone McCarthy March 4, 2020
China has ordered closures of businesses and schools to prevent the spread of COVID-19. “As the world’s top producer of active pharmaceutical ingredients, … China’s disrupted factory output has the potential to upset global supply chains, and regulators have been watching with concern,” reports Simone McCarthy for South China Morning Post. The US Food and Drug Administration named 20 drugs with...
March 2, 2020
Human rights advocates have long criticized China for detaining about 1 million Uighurs for reeducation. The Australian Strategic Policy Institute reports that China has transferred about 80,000 Uighurs to factories around the country behind 80 global brands including Apple, BMW, Gap, Huawei, Nike, Mercedes-Benz, Samsung and Sony. “Companies using forced Uighur labour in their supply chains could...
Theo Leggett and Rupert Wingfield-Hayes January 15, 2020
Japan arrested Carlos Ghosn, chairman of Nissan and citizen of Brazil, France and Lebanon, at the Tokyo airport in November 2018, initially charging him for under-reporting deferred compensation and eventually other financial crimes. Ghosn, also CEO of Renault, was known as a cost cutter, credited with saving Nissan from bankruptcy: “The two companies were linked under a strategic alliance first...
Zhou Zin September 16, 2019
Consumers gravitate toward low prices, and companies have sought low cost labor to compete. In the early 20th century, US companies relocated from union-dominated northern states to the South, and since the 1970s, manufacturing shifted toward China and other countries with low wages and standards. The Chinese owner of a car glass factory based in Ohio blames unions for a decline in US...