Posts Tagged ‘labor costs’
A Pricier China – Buyers Keep Faith But Smarten Strategies
The relationship between buyer and supplier is maturing as the focus expands beyond cost to long-term benefits The era of cheap Chinese goods may be nearing an end but, contrary to popular belief, major global buyers are not switching out of the country. Rather, they are identifying suppliers of quality and working in concert with…
Read MoreHeavy hitters weigh in on future of China Sourcing
Front page news of the business section of the South China Morning Post (SCMP) on June 1, 2011 is an article by Denise Tsang explaining that Li & Fung is bullish on the opportunities for exporting from the Pearl River Delta, despite the increased costs of labor in the region. For those who have not…
Read More