CHINA GARMENT MANUFACTURING LOSSES MAYBE EXAGGERATED, BUT INDIA AND BANGLADESH ARE GROWING SALES
April 21st, 2015
After years of strong economic growth, salaries of Chinese clothing makers have increased, resulting in more expensive Chinese textiles and clothing manufacturing. But while cheaper outsourcing locations such as Cambodia, Vietnam, Bangladesh and India have picked up the slack, experts both in China and abroad have yet to buy into the notion that garment production is dramatically shifting out of China. “China’s overall economic situation is changing, and stricter environmental regulations and higher land and labour costs all have their effects; but the ...
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