Global manufacturing’s center of gravity is moving away from China, Hope writes.

Why it matters: Decades of geopolitics built on economic dependence stand to be impacted.

Driving the news: Apple has accelerated plans to move some of its production outside China as its business is being hurt by stringent COVID policies, according to a WSJ report over the weekend.

• A small portion of Apple’s newest iPhones is already being made in India, where that share could grow to potentially 25% of all iPhones by 2025. 

Zoom out: China’s been losing ground in the manufacturing of other goods as well. 

• The country’s share of global exports of furniture, footwear and clothing accessories has fallen since 2016, recent data from transport economics firm MDS Transmodal shows, as reported by CNBC.
• Meanwhile, trade between the U.S. and E.U. has risen sharply, and analysts view Mexico and Vietnam as countries that could benefit the most from diversifying supply chains.

What they’re saying: "Everyone is thinking about moving, even if they’re not acting yet,” Anna-Katrina Shedletsky, founder of Instrumental, a firm that analyzes assembly lines for electronics companies, told the New York Times. 

The big picture: Beyond China's unpredictable stance on COVID, business leaders and analysts also expect future investments in the country to be at risk due to geopolitical tensions and internal demographic changes.

• Labor has become more expensive as the country’s population growth has slowed, Elisabeth Braw, a senior fellow at the American Enterprise Institute, writes. 

Gas prices are back to where they were before Russia's invasion of Ukraine, Hope writes.

• The most common U.S. gas price encountered by motorists dropped 40 cents from last week to $2.99 per gallon, followed by $3.29, $3.19, $3.09 and $3.39, head of petroleum analysis at GasBuddy Patrick De Haan noted.

The big picture: OPEC+ voted this weekend to keep production levels steady as the group has been under pressure from the U.S. to boost or to block cuts to output.

• Demand for oil and gas has fallen amid China's COVID lockdowns and concerns of deeper, global economic slowdowns.

Go deeper.

🎮 GameStop begins a round of layoffs. (Axios)

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Slack co-founder and CEO Stewart Butterfield will leave parent company Salesforce early next month, the company confirms to Axios' Dan Primack and Ina Fried.

• This comes less than two years after Salesforce bought Slack for $28 billion, and only a week after Salesforce co-CEO Bret Taylor submitted his own resignation.
• The news of Butterfield's pending departure was first reported by Business Insider.

Salesforce shares closed down 7.4% Monday.

Context: Butterfield told employees in an internal Slack message that his move is unrelated to Taylor's, adding, "Planning has been in the works for several months. Just weird timing!"

• Slack chief product officer Tamar Yehoshua and SVP Jonathan Prince also will depart, per Butterfield's message.

The bottom line: Butterfield will be succeeded by longtime Salesforce cloud executive Lidiane Jones, who Butterfield wrote, "will be an effective advocate for Slack's business, customers, and people."

We are in fact as old as we feel, Hope writes.

• There's a link between our "psychological age" and our longevity, studies are finding.

Details: Feeling older than our chronological age is associated with a higher likelihood of issues including dementia and heart disease, WSJ reports.

• Other research looking at the correlation between attitudes and mortality has also linked positive feelings about aging with longer life.

The intrigue: "Being in good health is a big reason why many people might feel younger than they are — and therefore might live longer, according to scientists who study the psychology of aging," WSJ's Betsy Morris writes.

• "Many of those researchers believe the effect can go the other way, too, noting that those with a younger and more optimistic sense of aging might be more apt to take care of themselves."

Read the WSJ story.

"This is a direct attempt to keep workers in poverty."