In the last few years, the global supply chain has been hit hard by not only the recent pandemic but also by the trade wars between the US and China. With the relatively extreme ways that China has been dealing with these issues, many countries have realized the economic risks in relying on China as time goes on. As such, numerous foreign companies have been pulling out of China, going instead to other developing countries such as Vietnam, India and Thailand. On January 12, Canon, another large company, an
