Global companies are increasingly becoming aware of the importance of minimizing risk, and are seeking ways to make their supply chains resilient and diversified. In this scenario, there is a new emerging market vying to meet American consumer demand: India. American importers have been cautious about forming long-term deals with...
Labor costs in China are rising
According to an article on EMSnow.com, labor costs in China are rising fast due to pressure from human right organizations but also from government regulations to avoid social unrest and rising middle class expectations. CBA forecasts that the costs might keep increasing in the next two or three years. According...