U.S. firms operating in Asia are adapting to global trade uncertainty with a range of survival tactics, from reviewing how goods are classified to tweaking their supply chains.
Nearly 100 percent of executives agree that blockchain will upend traditional supply-chain management, but fewer than half are equipped with a strategy.
Even the most enthusiastic supporter of blockchain technology agrees that it needs time to reach its full potential as a system of record for global business transactions.
China, dubbed ‘the workshop of the world’ for its sprawling supply chains and huge export capacity, is hoping to manufacture something new this week at a huge trade fair in Shanghai: import orders.