4 days ago
A Chinese Enterprise Is Plowing Billions Into US Manufacturing
I'm Mark Niquette, an economy reporter in Columbus, Ohio. Today we're looking at a Chinese enterprise's plans for US investment. Send us feedback and tips to ecodaily@ And if you aren't yet signed up to receive this newsletter, you can do so here.
In a potent sign of how the old global supply chain formula of manufacturing in Asia to sell to the American consumer has been upended, a Chinese-owned business is plowing billions of dollars dollars into its US manufacturing, including reshoring some production from China.