A survey by the American Chamber of Commerce in China revealed that a record 30% of U.S. companies are accelerating their plans to relocate manufacturing or sourcing from China, surpassing previous highs. This shift is attributed to U.S.-China tensions, as well as the impact of Covid-19, which prompted China to close off from the world, leading to supply chain diversification. AmCham China’s president, Michael Hart, noted that this trend is likely to continue as companies seek to mitigate risks and ensure business continuity.
Full Article
UN conveys readiness to work with Gaza Humanitarian Foundation if core principles are met – Middle East Monitor
The UN expressed readiness to collaborate with the US- and Israeli-backed Gaza Humanitarian Foundation (GHF) while emphasizing adherence to humanitarian principles, as confirmed by spokesperson Stephanie Tremblay. She highlighted worsening conditions in Gaza, with significant access restrictions on aid delivery and over 1,000 Palestinians reportedly killed while seeking food since GHF's operations began. Want More Context? 🔎
Read more