Supply Lines: An export alliance starts to form in Asia-Pacific to counter China’s dominance.

While companies have been actively looking to diversify supply chains amid the U.S.-China trade tensions and the coronavirus outbreak, it didn’t translate into big gains for India despite the nation making it cheaper for businesses to open shop. Vietnam remains the most favored destination, followed by Cambodia, Myanmar, Bangladesh and Thailand, according to a survey by Standard Chartered.

Traders in the Pacific have a world of opportunity as worldwide supply chains readjust to build resilience to shocks like COVID-19. Fiji is growingly utilized as a Business Contingency Planning destination through the use of manufacturing license agreements to diversify production of niche products