November 28, 2019 | 3:00 pm - 5:00 pm
| German Centre Taicang
The cost advantage that turned China into the world’s factory has declined over the last decade. Labour costs, which were one-tenth of those in the US in 2005, are now about one-third. This, combined with rising indirect costs, environmental regulations and, more recently, the Sino-US trade war, has prompted global companies and their suppliers to look for cheaper alternatives.
But rather than a large-scale, cross-industry migration of global supply chains out of China, what we’re seeing are small-scale, industry-specific shifts. Most companies are looking to complement, rather than replace, their China sourcing.
In this seminar, we take a closer look at the advantages and bottlenecks that alternative sourcing markets in Asia offer for specific industries, and we analyse China’scompetitiveness as a sourcing market in a world where “buying well” is becoming just as important as “buying cheap”.
More Information and Registration will be available soon!