China Plus One strategy offers best of both worlds for manufacturers, retailers

The days of spotting the ubiquitous “Made in China” stamp on virtually every product in the typical American home may be numbered. Large manufacturers and retailers are moving at least some of their efforts away from the country in droves. 

There are a myriad of factors pushing companies to diversify their geographic footprints away from China. The most impactful reasons include the ongoing U.S.-China trade war, increasing labor costs and fear surrounding a potential future manufacturing...

https://www.freightwaves.com/news/china-plus-one-strategy-offers-best-of-both-worlds-for-manufacturers-retailers

Leave a Comment