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China may become one of many hubs as companies diversify manufacturing after coronavirus shock

China may become one of many hubs as companies diversify manufacturing after coronavirus shock

By: Evelyn Cheng
Source: CNBC
Date of Publication: May 25th, 2020
The coronavirus is “a wake-up call for pretty much every company,“ said Gerry Mattios, expert vice president at Bain. “The number one item on the agenda is, ‘how do I build resilience in my supply chain?’” “China is still a very attractive total supply chain solution,” said How Jit Lim, a managing director with consulting firm Alvarez & Marsal. “There are very few countries in the world where you can find almost everything you need to build something.”
Exports are still important for China’s economy, which contracted by 6.8% in the first quarter amid the height of the coronavirus outbreak within the country.
Watch CNBC’s full interview with Dell founder and CEO Michael Dell

Watch CNBC’s full interview with Dell founder and CEO Michael Dell

Source: CNBC
Date of Publication: April 8th, 2020
Michael Dell, founder and CEO of Dell, joins “Squawk Alley” to discuss the company’s response to the coronavirus pandemic.