57 A majority of supply chain leaders who featured in a recent survey predicted a grim 2023 for businesses across the globe primarily due to inflation and recession. The survey report titled ‘Supply chain and shipping predictions for 2023’, published by Container xChange, also said India and Vietnam are seen as attractive alternatives for the “China+1” strategy. This strategy entails a gradual shift from industries relying solely on China for production capacity and skilled manpower to another country. You Might Be Interested In Stocks concluded the session with gains as prospects of a Federal Reserve pause improved Tesla shares valued $3.58 billion sold by Elon Musk Ola Electric Converts to Public Company in Preparation for IPO Bank of Philippine Islands and Personetics Join Forces to Deliver Hyper-Personalized Digital Financial Experiences Amgen, FTC Settlement Allows $28B Horizon Acquisition to Move Forward From ‘Barbie’ to Bud Light: How Culture Impacts Investing
