Asian companies, particularly those in China, are undergoing a structural transformation in their supply chains, with many redirecting investments towards Europe amid a decoupling from the US, according to a senior banker at ING. As Washington continues to negotiate with trade partners, companies active in the region – both local and international – recognised the need to diversify their supply chains, said Uday Sareen, CEO and head of wholesale banking for Asia-Pacific at the Dutch bank. “We seRead More
Asian firms shift investment towards Europe in supply chain ‘realignment’, ING says
