For decades, major companies have behaved as if geographic distance were almost irrelevant.
A factory in China was the same as a factory in Michigan.
The pandemic and geopolitical upheavals have exposed the risks of depending on faraway industry to make critical things like computer chips, protective gear and medicines.
The pandemic shockThe emergence of Covid in China ended the previous version of globalization.
Quarantines shut Chinese factories at the same time that Western consumers, stuck in lockdown, ordered more manufactured goods like exercise equipment and electronic gadgets.
Persons:
Quarantines
Locations:
China, Michigan