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Which of the following countries recently launched the Supply Chain Resilience Initiative (SCRI) to counter China’s dominance?
A. India
B. Japan
C. Australia
D. All of these
Explanation:
Trade ministers of India, Japan and Australia formally launched the Supply Chain Resilience Initiative (SCRI) to counter China’s dominance of supply chain in the Indo-Pacific region. The Supply Chain Resilience Initiative aims to create a virtuous cycle of enhancing supply chain resilience with a view to eventually attaining strong, sustainable, balanced and inclusive growth in the Indo-pacific region.