of the foreign direct investment

Much of the foreign direct investment (FDI) supporting supply chain diversification has arrived from non-Western sources. This suggests that East Asian — and most likely Chinese investors — provide the FDI driving trade diversification. So much for ‘decoupling’ from China Just as Japan. Inc.’s forced relocation of domestic production due to US badgering to revalue the yen four decades ago spawned remarkable Asia-Pacific-wide production networks, so too will the Section 301 tariffs come to be seen as a blessing in disguise — one that equipped Chinese firms to internationalise their supply chain operations and obtain valuable ‘learning by doing’ experience along the way. สล็อต

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