Don't have all your sourcing eggs in one basket, shippers advised
Shippers “stress-testing” their supply chains should consider how every supplier is at risk of ‘black ...
By Sam Whelan
Foreign firms in China are bracing for a “mass exodus” of staff this summer, due to the country’s excessive Covid restrictions and lockdowns.
A flash survey by the German Chamber of Commerce in China shows nearly one-third of foreign employees plan to leave, with 10% aiming to do so before their current employment contract ends.
Maximilian Butek, its executive director in Shanghai, said: “It will be extremely challenging for German companies to substitute these employees with new staff from abroad, considering how ...
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