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Has China lost its relevance as a production location?

Supply Chain Movement

The general price level of products made in China is rising rapidly, and it has been claimed that some of the products actually originate in North Korea. 4 “Transportation time is too long and no longer competitive”. In other words, the location itself – and hence the transportation time – is the same as it was.

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Navigating the Future in an Uncertain Political and Regulatory Environment

NC State SCRC

He began by discussing how Free Trade Agreements, along with labor costs and transportation rates, are among the three most critical elements to factor in when analyzing global supply chain decisions. India and China are both growing at rates of 6-7% as well. It excludes Canada, USA, Mexico, Chile, and Peru.