Reports of mass global shift from China are being 'overplayed'

Photo: © Alexlmx

Reports of China losing its position as the world’s manufacturer, as shippers look to source elsewhere, have been “greatly exaggerated”, according to the director of the Global Shippers Forum, James Hookham.

He told The Loadstar the concept of reshoring was “being overplayed” in the media and, while there was “some movement”, it was marginal and driven more by concerns for contingency rather than replacement.

“China is just too big, too capable and it makes good stuff, ...