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This is CBS, I'm John Bachelor. Supply chain much in the news these last years because

of inflation recovered from the pandemic. But now the Chinese spy balloon and supply chain,

the headlines from CNBC, the US China spy balloon tensions are drifting into politics

of the supply chain. Gordon Chang at Gordon G. Chang, my colleague and co host and we welcome

Alan Tonelson, our guru on manufacturing and supply chain matters these last years.

Alan blogs at reality check. Alan the explanation here is that leading trade associations and

their member companies are watching the tensions because they need to diversify manufacturing

to supply chains. It's a puzzle to me how this all fits together. Can you help me understand

this? Good evening to you.

Hi John and hi Gordon. I have to say that my first reaction to that CNBC story was actually

a possibly two cynical duh because nothing could have been more obvious over the last few

years than that US China relations have been worsening largely because of China's

increasingly aggressive actions toward Taiwan, toward the rest of the South China Sea area,

toward various other trade partners with its so-called wolf warrior diplomacy, threatening

...