Trade war and pandemic to accelerate global supply chain restructuring

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<title>Trade war and pandemic to accelerate global supply chain restructuring</title>
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<abstract displayLabel="Summary">The US-China trade war and Covid-19 pandemic are set to trigger major restructuring of global supply chains, including relocation of production to cut concentration risk, shortening of supply chains and/or building of parallel ones. This will likely give rise to new demand for property, engineering and business interruption insurance in those markets that become new host locations.</abstract>
<note type="statement of responsibility">Clarence Wong</note>
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