Box ship building in China hits new heights with 68.5% of global orders
China has become the undisputed front-runner in containership building, with an orderbook, extending to 2030, ...
© Khunaspix Dreamstime.
Detailed analysis of the pros and cons of international manufacturers looking to leave China and move production to cheaper locations elsewhere in Asia, in a bid to reduce exposure to China and take advantage of lower costs. But much of the evidence remains anecdotal at best. “People are coming in and kicking tyres,” says one lawyer that helps companies set up new production facilities, and mostly it is restricted to low-end manufacturing.
Comment on this article