THANK YOU FOR SUBSCRIBING
THANK YOU FOR SUBSCRIBING
Stay the same in China and Diversify out of China – Here the company retains existing capability scaling its production to the needs of the local market if it can withstand the cost of operations and diversify some of its operations out of China to get the best of both worlds. This way, an organisation can still retain the talent pool, skills, and know-how that it can utilise to train the talent pool in the newer manufacturing or supply chain capabilities.Both international and Chinese companies, looking to diversify or enter newer markets or to leverage on country of origins for tax incentives need to take ‘China Plus One or multiple strategy’ seriously and plan for a successful transition.
I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info