Which geographic retail supply chain strategy is known as the 'China Plus One' approach that gained significant traction after 2020?

Test your knowledge about how geography impacts retail supply chain management! In today's global marketplace, retailers must navigate complex geographic challenges that affect everything from sourcing to delivery. The most successful retail operations understand how to leverage geographic advantages while mitigating location-based risks. This question examines a fascinating aspect of how geography shapes retail supply chain strategies.

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Maintaining primary manufacturing in China while developing secondary suppliers in another country (often in Southeast Asia) to reduce geographic risk
Establishing one primary distribution hub in China that serves all of Asia, with satellite fulfillment centers in major cities
Using Chinese e-commerce platforms as the primary sales channel plus one Western platform (like Amazon) for global distribution
Maintaining manufacturing exclusively in China while establishing backup inventory storage in one additional country