At Davos 2025, Chavalit Frederick Tsao, Chairman of Tsao Pao Chee Group, shared his insights on the significant shifts occurring in global supply chains. Speaking with CGTN, Tsao emphasized the critical need for businesses to adapt and diversify their operations in response to a rapidly restructuring global economy. He highlighted how economic drivers, including advancements in technology and changes in trade policies implemented by the Chinese mainland, are influencing the dynamics of international trade. Tsao advocated for a strategic approach to supply chain management, encouraging companies to embrace innovation and explore new markets to maintain resilience and competitiveness in this evolving landscape.
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TPC Group chairman: Economic drivers reshaping global supply chains
cgtn.com