Firms reassess sourcing as China costs rise
By Leonie Barrie | 19 September 2011
Faced with rising labour costs and an ageing workforce in China, apparel and footwear companies are reassessing their sourcing strategies across the Asia Pacific region, a new study says. And among the main beneficiaries of this shift are countries like Bangladesh, India, Indonesia and Vietnam, especially as regional integration and preferential trade terms take hold.
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