{"id":524736,"date":"2026-07-04T10:27:17","date_gmt":"2026-07-04T10:27:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/524736\/"},"modified":"2026-07-04T10:27:17","modified_gmt":"2026-07-04T10:27:17","slug":"the-end-of-just-in-time-asia-rejigs-supply-chains-post-hormuz","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/524736\/","title":{"rendered":"The end of \u2018just in time\u2019? Asia rejigs supply chains post-Hormuz"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">How many crises does it take to change the way the world trades? For Asia, the answer appears to be three.<\/p>\n<p>Now, the <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/news\/china\/military\/series\/3349682\/us-israel-war-iran?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">US-Israel war on Iran<\/a> may have hammered the final nail in the coffin of \u201cjust in time\u201d supply chains that some economists say are no longer fit for purpose.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cTaken together, they show that serious disruption is now a regular event,\u201d said Jakir Ahmed, an economist and research analyst at industrial data firm IbisWorld.<\/p>\n<p><img decoding=\"async\" alt=\"A house burns in Zaporizhzhia, Ukraine, on Tuesday after a Russian strike. Photo: AP\" data-qa=\"BaseImage-handleRenderImage-StyledImage\" class=\"e1gf69pb2 css-6ikqhs e445x7d0\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/07\/24836369-d925-465f-976b-ddd8889f8c9a_1126e908.jpg\" title=\"A house burns in Zaporizhzhia, Ukraine, on Tuesday after a Russian strike. Photo: AP\"\/>A house burns in Zaporizhzhia, Ukraine, on Tuesday after a Russian strike. Photo: AP<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">For governments and businesses once wedded to the mechanics of frictionless globalisation, who saw Covid as a once-in-a-generation anomaly and the Ukraine conflict as someone else\u2019s problem, Hormuz left little room for denial.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">\u201cThe lesson has sunk in,\u201d agreed Shay Wester, director of Asian economic affairs at the Asia Society Policy Institute. \u201cDisruption is a recurring feature of the trade landscape rather than an exception.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"How many crises does it take to change the way the world trades? For Asia, the answer appears&hellip;\n","protected":false},"author":2,"featured_media":524737,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[337,972,158180,72669,114,24288,149244,2895,85,52890,1445,46,1437,12437,47],"class_list":["post-524736","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-asia","tag-australia","tag-bab-el-mandeb-strait","tag-black-sea","tag-business","tag-covid","tag-hormuz","tag-houthi","tag-il","tag-indian-ocean","tag-indonesia","tag-israel","tag-japan","tag-malaysia","tag-middle-east"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/524736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=524736"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/524736\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/524737"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=524736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=524736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=524736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}