Deglobalization Round-up: March 18March 18, 2023
Vanguard ditches China, and so do software developers. Plus: A potential TikTok ban, the EU moves to restrict investments in overseas production facilities, and a new paper points to the benefits of reshoring API Production.
Deglobalization Round-Up: March 11March 11, 2023
Canada moves to review mineral investments, Germany to review telecommunications networks, and the US to review technologies emanating from adversary countries. Plus US companies are rethinking Chinese supply chains, reshoring solar energy production promises to accelerate decarbonization, and Silicon Valley Bank's China tie.
Deglobalization Round-Up: March 4March 4, 2023
General Electric invests in the US as Apple's China suppliers seek international bases, the US solar industry tries to wean itself off China, and HSBC admits that its support for Beijing has threatened human rights. Plus, Putin and Biden shore up their respective, conflicting alliances against a backdrop of global trade, Beijing's data control, and new additions to the entity list.
Deglobalization Round-Up: February 25February 25, 2023
The Kyocera president says that China is "no longer viable" as the world's factory, as developments in rare earths and semiconductors underscore the point. Plus, China looks further to shore up dependencies on chips, foreign auditors and the US sets up a "Disruptive Technology Strike Force."
Deglobalization Round-Up: February 17February 17, 2023
China bets sink Tiger Global and the Singapore sovereign wealth fund balks at Beijing. Plus semiconductor companies moving out of China, Europe's push for solar, and the "critical-minerals club."
Deglobalization Round-Up: February 10February 10, 2023
Redwood Materials receives a 2 billion USD loan to produce battery materials in the US and the EU doubles down on cutting dependence on foreign energy sources. Plus spy balloon fall-out, aluminum detentions, and outbound investment screening.
Deglobalization Round-Up: January 27January 27, 2023
Slumping demand for Chinese goods hits international shipping, Apple moves away from China, and Senate legislation would ban Strategic Petroleum Reserve sales to China. Phoenix Tailings's co-founder, Canada's Minister of Natural Resources, and India's industry minister say they're ready for reshoring.
Deglobalization Round-Up: January 19January 19, 2023
Davos might be the symbol of globalization, but even there, the trend toward deglobalization is clear - and MacroFab, GlobalFoundries, and active managers are benefiting (though investors in ByteDance aren't).
Deglobalization Round-Up: January 13January 13, 2023
Will deglobalization be the defining trend of 2023? Moves by Apple, restrictions on Tesla, retaliation from China, and incentives in South Korea all suggest the answer is a strong yes.
Deglobalization Round-Up: January 7January 7, 2023
Dell, Panasonic, Denso all rethink dependence on China, while The New York Times covers a turn to Mexico, China threatens retaliation for COVID-19 travel restrictions, and Moscow and Beijing join forces on propaganda.
Deglobalization Round-Up: December 30December 30, 2022
Is the automotive industry the canary in the coal mine: Major auto makers turn away from China, Tesla shuts down production in Shanghai, BMW and Volkswagen grapple with soaring COVID-19 cases in China. Plus: Customs and Border Production detains goods made with North Korean labor and tensions between Serbia and Kosovo escalate.
Deglobalization Round-Up: December 23December 23, 2022
Stellantis and Apple scale back from China, the Australian sovereign wealth fund projects continuing deglobalization, and Robert Lighthizer calls for strategic decoupling. Plus China increases oversight over cross-border data transfers.
Deglobalization Round-Up: December 16December 16, 2022
Redwood Materials announces a 3.5 billion USD recycling and manufacturing campus in South Carolina, while both McKinsey and Bank of America suggest that deglobalization is here to stay. Plus: China takes the US to court.
Deglobalization Round-Up: December 2December 2, 2022
Australia prepares to tighten regulations on foreign investment in it critical minerals industry and Canada warns of dependence on unreliable trade partners. Plus former Cisco CEO predicts deglobalization in the tech sector - while Apple's China dilemma and MacroFab's profits prove his point.
Deglobalization Round-Up: November 25November 25, 2022
Bill Ackman calls deglobalization a long-term structural tend, The Financial Times investigates it as a necessity for future prosperity, and growing contradiction between the US and Chinese business environments underscore its inevitability. Plus: Violence at Apple's main Chinese iPhone-making plant, continued supply chain disruption, and an opportunity for Mexico.
Deglobalization Round-Up: November 4November 4, 2022
A week in deglobalization: Apple adds new production in India, Canada orders Chinese companies to divest, Bright Machines raises $132 million, Maersk warns of continued price pressures on supply chains, and Deloitte sees reshoring picking up steam.
Deglobalization Round-Up: October 28October 28, 2022
A week in deglobalization: Japanese companies seek ex-China production, Motion Control Robotics breaks ground in Ohio, Mexican industrial real estate prepares to boom, GE faces supply chain snarls, and Bloomberg opinion calls for friendshoring.