Pandemic: On the virus timeline, "China has a two-month lead." Jim McGregor, APCO China

Published: May 15, 2020, 3:43 p.m.

b"It\\u2019s always difficult to know what\\u2019s happening inside China. In this episode of Business Class, we hear first-hand information and analysis on China\\u2019s Covid-19 response from Shanghai resident, Jim McGregor, the CEO of APCO China.\\n\\nIn an interview with USC\\u2019s Dick Drobnick, Jim notes that \\u201cChina\\u2019s exports have fallen off a cliff.\\u201d They explore if: having a two month head start with the virus is affecting the country\\u2019s recovery strategy, how China is opening up and they dig into the \\u201cpoisonous\\u201d U.S. / China relationship. In one of the biggest shifts the virus has triggered, Jim describes how companies are beginning to rethink their manufacturing strategy. They are considering manufacturing goods inside China for that market, while manufacturing goods outside China for the rest of the world. Jim explains that this potentially dramatic shift in supply chain strategy reflects that, \\u201cThere's been such a risk by having too much in China. This is going to be a new paradigm.\\u201d\\n\\nInterview conducted on April 15th 2020\\n\\nTo maintain social distancing this interview was recorded over the web.\\n\\nInterview by \\u2013 Dick Drobnick, Director USC IBEAR MBA Program"