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With the advancement of economic globalization, cross-border layout of supply chains has become the new normal of trade. The study theoretically explores the adaptive changes in corporate supply chain selection strategies under global economic integration and complex geopolitical environments. It analyzes the wide-ranging impacts of geopolitical events such as international conflicts and economic sanctions on corporate supply chains, and emphasizes the centrality of risk assessment in supply chain strategic decision-making. It is proposed that firms should adopt supply chain diversification, localization and strategic alliance building to manage risks and enhance supply chain resilience and flexibility. The study helps firms and policy makers to formulate more informed strategies and decisions in response to the changing geopolitical environment in order to cope with geopolitical risks and protect the robustness of supply chains.
Xi et al. (Fri,) studied this question.
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