article thumbnail

Has China lost its relevance as a production location?

Supply Chain Movement

This is still very favourable in comparison with wages within the EU, and wages have increased more significantly in other nearby countries, such as Vietnam and Bangladesh to name but a few. When I started doing business in China back in 2004, a general factory worker used to earn around RMB2,600 a month.

China 116
article thumbnail

3PL Subway 2015: Strategic movements among logistics providers

Supply Chain Movement

Bangladesh. In comparison, according to Fraunhofer Institute, warehousing is outsourced by 54% in Germany, which is the largest logistics market in Europe. American Samoa. Antarctica. Antigua and Barbuda. Azerbaijan. Bosnia and Herzegovina. Bouvet Island. British Indian Ocean Territory. Brunei Darussalam. Mergers and acquisitions.