How manufacturing in China is changing for the better

China has been the factory for the world for over 30 years now. However, manufacturing in China is in transition and the country is moving away from a low cost, low-margin manufacturing model to one of higher end, higher margin, and higher value-add. Although it is true that the Chinese government has had a significant…

The Shifting Future of Sourcing

[5 minutes] Deng Xiaoping has been credited for coining the phrase “To get rich is glorious!” It is not clear whether he actually said it, and if he did whether he could have ever foreseen the speed of the rise of the Red Dragon. China’s emergence as a manufacturing powerhouse has been startling. The country not…