News / SMEs join sourcing shift away from China as Covid policy dents confidence

The production shift from China to South-east Asia is accelerating – now “even SMEs” are searching for alternative supply chains in the face of China’s restrictive Covid policies.

According to Hong Kong-based digital wholesale marketplace Peeba, while the world is likely to see record Covid cases this winter, this is unlikely to lead to more supply chain disruption, except in China, where business disruption is “driving companies to alternative markets.”

Peeba supply chain director Benny Wong said: “While global supply chains are ...