Asia services expanding as logistics players opt for a 'China+1' strategy
DHL Express says all signs point to growth in its Asian services, as companies look ...
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By Alex Lennane
China is losing out in the footwear manufacturing market to Vietnam, where production is seeing double-digit increases. According to research by the US footwear industry on sourcing, Vietnam is benefiting from a large and young labour market and lower costs. Chinese factories reported that the cost of raw materials and wages were their biggest problems.
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