Supply Chain De-Risking Accelerates

Multiple recent articles report companies reversing prior diversification efforts and moving manufacturing back to China due to difficulties replicating its supply ecosystem elsewhere, directly matching the falsification criteria of concentration holding steady or increasing. While some diversification continues (e.g., Indonesia's Batam, solar manufacturing shifts), the dominant recent narrative is a partial reversal of the 'China-plus-one' de-risking trend rather than acceleration.