Beginning in the late 20th century, American companies and companies from developed countries moved their manufacturing operations to developing countries, most notably China. On today’s podcast, we discuss the abandonment of this offshoring policy in favor of a “friendshoring” policy, wherein companies have begun to move production operations out of China and into countries with less political risk. We also discuss the reasons behind the original practice of offshoring, why businesses are opting to “friendshore,” and the economic and diplomatic ramifications of this change in both China and the West. Joining us on the podcast to explain friendshoring is Elisabeth Braw.
Friendshoring and Economic Security
Editor: Lidie Ataoguz
Hosts: Leo Kamer, Chris Park