CEO and Founder of North Summit Capital Min Wanli speaks during Day 2 of CNBC East Tech West on November 18, 2020 in Nansha, Guangzhou, China.
Dave Zhong | Getty Images for CNBC
“I believe there’s a bifurcation of the global supply chain into global and local,” said Min Wanli of technology-focused North Summit Capital.
A supply chain is a network between a company and its suppliers to produce and distribute the firm’s products.
“For the critical supply systems, they’ve got to have the self-contained local ecosystem, especially in the next crisis like the … coronavirus,” he told CNBC’s Evelyn Cheng. On the other hand, the pandemic has also shown that a “resilient and also highly