Outsourced World suspects China will emerge a little stronger than the rest, as the "post-COVID19 world" starts to take shape. Supply-chain disruption fears will eventually be mollified or countered. Probably no more than 20 percent (maximum) of currently outsourced activity will be repatriated to home soil in North America and Europe ... unless taxes, tariffs, … Continue reading Will China Win Corona Recovery Race?
Outsourcing is too often conflated with "offshoring". Outsourcing's philosophical definition does not stipulate the export of gainful employment to overseas locales. That association arrived much later. Possibly by design, or through opportunism, or perhaps due to one company's fear they might lose out to a competitor in an unregulated market. This long article defines "outsourcing". It also describes how this phenomenon grew from embryo to a multi-billion dollar industry.