enterprise news-PHU CUONG LOGISTICS SERVICES CO., LTD-PHU CUONG LOGISTICS SERVICES CO., LTD

NEWS

‘Rushed’ sourcing shift out of China prompts some reconsideration

2024-09-02 22:26:53

SINGAPORE — “China plus-one,” “friend-shoring” and “reshoring” may be catchphrases of the day, with the underlying trends they describe being well-supported by macro-level trade data. But as sourcing shifts out of China due to risk mitigation and other factors, one thing is increasingly appar...

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