Tag Archives: China plus one strategy

China plus one strategy is a fantastic way to take on your business in a new direction. Global companies can diversify supply chain risks and still tap opportunities in Asia’s developing countries. With China being such a big retail market, most of the international companies will only shift a part …

There were several reasons such as the outbreak of the pandemic, dwindling US-China relationship and other political issues that made global firms to reduce their supply chain dependence on China. In the cause of moving out of China, governments are continuously supporting companies. But the hardcore reality is shifting manufacturing …