Analysts: U.S. must rethink approach to supply chains in competing with China

The U.S. must overhaul its approach to supply chain resiliency to compete with China, industry analysts and former officials told a congressional advisory panel, suggesting a new senior-level position tasked with coordinating supply chain diversification efforts and the creation of a public-private data sharing mechanism. The U.S.-China Economic and Security Review Commission, created by Congress in 2000 to give Congress and the executive branch policy recommendations on how to address national security issues in the U.S.-China trade and economic relationship,...