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Chinese companies are moving supply chains out of China to manage risks, with India, Malaysia and Indonesia benefiting
https://www.scmp.com/news/asia/south-asi...-indonesia
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China is moving up to mid and high end
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China has moved into high tech manufacturing and cutting edge R&D. It is far too expensive for China to maintain assembly line factories churning out low end consumer goods. Best to move them to lower cost countries like Vietnam and Indonesia.
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They don't move out than I worry hor
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(23-04-2023, 01:23 PM)Bigiron Wrote: Chinese companies are moving supply chains out of China to manage risks, with India, Malaysia and Indonesia benefiting
https://www.scmp.com/news/asia/south-asi...-indonesia
Supply chain resilience isn't just a practice - it is a must for survival as a Chinese coy when u wanna go Global...
TikTok HQ'd in SG and Huawei APHQ in M'sia are just few good e.g.
You've got friendly neighbours? Grow Up! - 李光耀 2013
>
(This post was last modified: 23-04-2023, 03:02 PM by
Manthink.)
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(23-04-2023, 02:25 PM)aiptasia Wrote: China has moved into high tech manufacturing and cutting edge R&D. It is far too expensive for China to maintain assembly line factories churning out low end consumer goods. Best to move them to lower cost countries like Vietnam and Indonesia.
Sg also did that.