IMF cautions against moving manufacturing out of China
Image Credit: economic times
Observing that China has been a very important player in global supply chains, a top IMF official said that anything which undermines this process of efficiency and productivity will have its costs. “At the end of the day, we have to think in terms of efficiency, gain and losses. China has been a very important player in global supply chains, and for good reasons,” Krishna Srinivasan told PTI in an interview.