Reported about 7 hours ago
The global manufacturing landscape is undergoing significant shifts as companies adopt the China Plus One strategy to diversify production away from China, driven by rising costs and geopolitical tensions. However, this transition faces numerous challenges, including infrastructure deficiencies, workforce skill gaps, and complex regulatory environments across new manufacturing sites. Experts emphasize the need for careful planning and collaboration with experienced logistics providers to navigate these hurdles while maintaining a dual presence in China to mitigate risks associated with future trade policies.
Source: YAHOO