CGTN published this video item, entitled “Infocus: How ‘friend-shoring’ could harm the global economy” – below is their description.
For more:
Amid geo-political tensions and the COVID-19 pandemic, the U.S. and its allies are pursuing a new kind of global trade – “friend-shoring.” The concept calls for U.S. companies to relocate their factories from countries like China to the Western hemisphere and trade only with countries that are political allies.
CGTN YouTube Channel
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