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Rising cost, US tariffs negatives of manufacturing in PRC
05 Oct '18
1 min read
Courtesy: Lever Style
Flexibility, high quality, strong supply-chain support and versatile products are the positives of manufacturing in China, while the negatives include rising cost of operations and punitive US tariffs on imports from China, according to Eddie Chan, CEO of Lever Style, a leading apparels supplier. The firm’s annual capacity is seven million pieces, he said.
By 2025, polarisation in the industry may result in further consolidation of the companies, horizontal and vertical integration and merger and acquisition activities may reduce the total number of suppliers, he told Fibre2Fashion in an interview. (DS)
For the full interview, please click here.
By 2025, polarisation in the industry may result in further consolidation of the companies, horizontal and vertical integration and merger and acquisition activities may reduce the total number of suppliers, he told Fibre2Fashion in an interview. (DS)
For the full interview, please click here.
Fibre2Fashion News Desk – India
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