China's supply chain network remains unmatched globally, making alternatives tough to find, according to Benjamin Hung, Standard Chartered's president for international markets. In an exclusive chat with CGTN's Michael Wang, Hung highlighted the country's unique strengths in manufacturing, logistics, and scalability.
🏭 'The speed, infrastructure, and skilled workforce here are next-level,' said Hung. He noted that while companies explore options like Vietnam or India, replicating China's ecosystem—built over decades—is a 'massive challenge'.
For young professionals and entrepreneurs, this signals a reality check: diversifying supply chains won’t happen overnight. Investors eyeing Asian markets should factor in China’s enduring role, Hung added. 💼
Students and academics tracking global trade trends, take note: geopolitics might shift, but Beijing’s 'factory floor to the world' status isn’t fading yet. 📈
