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The great trade rearrangement

McKinsey

Electronics and contract manufacturing are harder to rearrange The average US China-rearrangement ratio is about 0.4, for electronics and textiles, and highest (more than 0.9) The vertical axis lists sectors such as electronics, textiles, machinery, metals, and more. are electronics, mostly laptops.

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The next innovation revolution—powered by AI

McKinsey

An early example of AI’s ability to generate ideas that a human would not have considered occurred in March 2016. In electronics, for example, the pace could nearly double, while in commercial aerospace the potential impact is 25 percent. Provocatively framed, AI can be more creative than humans.

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A new trade paradigm: How shifts in trade corridors could affect business

McKinsey

Trade in electronics could see the biggest shifts, followed by textiles and machinery. Resources across energy and mining could see substantial downstream effects. Sector-specific strategies are essential Electronics aren’t iron ore, and iron ore isn’t fashion. The rest fall somewhere in the middle.