Author Peter S. Goodman on the global supply chain—whether reshoring is the answer, why we're still at risk for chaos, what we can do about it and more.
In his new book, How the World Ran Out of Everything, global economics correspondent for the New York Times, Peter S. Goodman investigated the worldwide shortages during COVID-19 and determined that the root causes started well before the pandemic. More resilience is needed in the global supply chain to prevent similar breakdowns in the future.
How successful do you think China will be at regaining some of the market share it's lost since the pandemic?Pretty successful. Chinese industry still offers this unbeatable combination of very developed and reliable infrastructure. It's pretty easy to move stuff from factories to ports and then on to ships.
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