Most small businesses say they’re looking to leave China

China News

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If there is one thing the pandemic taught the world, it was that we are over-reliant on China for everything from the key ingredients used to make cleaning agents to pharmaceuticals, surgical masks to personal protection equipment. That’s not diversification of risks. Small businesses owners get it.

Even if they’re not in the business of making Lysol wipes, 56% of 635 North American small business owners surveyed by OFX, a global money transfer operator, said they are considering switching supply out of China, or have already done so.

Some 61% of those sourcing product from China, and elsewhere, said they were looking for domestic partners.

Slightly more than half of small businesses said the outbreak that started in China in December hurt their supply chains, OFX reported.

“We were having problems with China supply chains back in November,” says Aaron Sokol, CEO of Q4 Sports, a…

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Autor: uwe.roland.gross

Don`t worry there is no significant man- made global warming. The global warming scare is not driven by science but driven by politics. Al Gore and the UN are dead wrong on climate fears. The IPCC process is a perversion of science.

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