CHINA STARTS TO SHED LOWER END OUTSOURCING
April 12th, 2014
AS labour costs in China continue to rise, its apparel and textile industry is seeing orders being transferred to other outsourcing locations as foreign buyers seek lower cost manufacturers. This move could be especially damaging for smaller, low-end Chinese manufacturers, leaving China-based orders increasingly concentrated amongst larger companies, according to a report from the China Cotton Textile Association: "Small to medium manufacturers said their orders dropped sharply during the first quarter of the year while big manufacturers said they had enough ...
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