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My wife owns a small clothing store. Even though most of what she orders is not from China directly, the people she is ordering from are getting their raw mate
by rossdavidh 5y ago
My wife owns a small clothing store. Even though most of what she orders is not from China directly, the people she is ordering from are getting their raw materials from China (e.g. a T-shirt printer getting the blank shirts from China, or the inks for their press), so it amounts to the same thing, and lead times are stretching out to many months more than before.
In industries that require more different inputs than clothing, the problem gets even worse, I expect. The term "complexity catastrophe" comes to mind.