The Chinese economy now returns to a ‘new normal’ of six percent growth per year. At the same time, the traditional position as low cost manufacturing base is eroding and other Asian location alternatives are now on the radar of C-level executives of international corporations. What is the future of China for production expansions by American, European and Asian companies?
In an article in the well-known Expansion Magazine, René Buck, CEO of BCI Global, discusses the pros and cons of four China/Asia manufacturing strategies:
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Source: Expansion Magazine, March 2018
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