Li & Fung Sees Supply Chains Shift Amid Trade War

Li & Fung Sees Supply Chains Shift Amid Trade War

Assessment

Interactive Video

Business

University

Hard

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Quizizz Content

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The video discusses the impact of recent global changes on the US-China trade corridor, highlighting disruptions in supply chains. It explores the opportunities for companies to diversify their production outside China, leveraging global networks. The video also examines the challenges of shifting production and the differing strategies of US and European customers. Finally, it considers the potential of countries like Vietnam, Bangladesh, and India to take over some of China's manufacturing roles, though no single country can fully replace China's capacity.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary reason US-based customers are diversifying their supply chains?

To increase production capacity

To reduce dependency on a single country

To improve product quality

To lower labor costs

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the trade war influenced the shift of production out of China?

It has slowed down the shift

It has reversed the shift

It has had no impact

It has accelerated the shift

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do European customers see a buying opportunity in China?

Due to better quality products

Because of higher demand

Because of increased factory capacity

Due to lower tariffs

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which countries are mentioned as beneficiaries of China's shift in manufacturing?

Vietnam, Bangladesh, and India

Brazil, Mexico, and Canada

Germany, France, and Italy

Russia, Ukraine, and Poland

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Can any single country replace China as a key supplier in the next 5-10 years?

Yes, Bangladesh can

No, but many countries can take on different roles

Yes, India can

Yes, Vietnam can