China +1: how corporate treasurers are diversifying supply chains
When it comes to supply chains, making sure you have a Plan B or "plus one" is becoming essential, particularly in the light of an incoming new US administration and the threat of tariffs.
The term “plus one” – when attached to cocktail party or wedding invites – has always had a slightly negative connotation: an extraneous and anonymous “spare wheel” that’s present but not actively needed.
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