Past Event
Global value chain reshuffling: From tight coupling to loose coupling?
As the focus shifts from efficiency to resilience in global supply chains, what does this mean for China?
video and audio recordings
Global value chains have become a defining characteristic of modern trade flows. Since its entry into the World Trade Organisation in 2001, China has played an increasingly central role in supply chains globally. But a US-led trade war combined with the reduction of global trade flows during the COVID-19 pandemic has pushed companies to rethink the design and nature of their value chains.
Efficiency (and the resulting ‘tight coupling’) is beginning to be trumped by resilience (and an ensuing ‘loose coupling’) in building up global supply chains. Companies are diversifying their global sourcing. Will this lead to a reduction in China’s role in global supply chains? Will the costs of production rise?
Schedule
14:00-15:00 CEST / 08:00-09:00 EST / 20:00-21:00 CST
Conversation
Chair: Niclas Poitiers, Research Fellow
Erik Berglöf, Chief Economist, AIIB
Alicia García-Herrero, Senior Fellow
Kristy Tsun-Tzu Hsu, Director, Taiwan ASEAN Studies Center, Chung-Hua Institution for Economic Research
Speakers
Erik Berglöf
Chief Economist, AIIB
Alicia García-Herrero
Senior Fellow
Niclas Poitiers
Research Fellow
Kristy Tsun-Tzu Hsu
Director, Taiwan ASEAN Studies Center, Chung-Hua Institution for Economic Research
Location & Contact
Katja Knezevic
[email protected]
