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Photographer: Qilai Shen/Bloomberg
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economics

Why Europe Finds It Hard to Break Chinese Supply Chains

The pandemic’s rupture of global trade networks has companies and governments looking closer to home. It may not be that easy.

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Covid-19’s fracturing of supply chains has left businesses and governments questioning the prudence of networks that crisscross the planet. Pandemic recovery plans talk of developing “strategic autonomy” in key sectors, and suggest that executives should bring production closer to home. But on the ground, companies say it’s not so easy.