TXM Director, Tim McLean has a busy week in China in late November. Tim is discussing the challenges that Chinese Manufacturing operations are increasingly facing with rising costs. Labour costs are rising by 20% per year, the exchange rate is slowly rising and other costs such as energy, land and construction are on the way up. Many Chinese factories have much room for improvement, however. Tim discussed these challenges and how to respond in a recent articles:
Now Tim will present in person TXM research in to the cost problem and potential solutions for businesses manufacturing and sourcing a wide range of goods in China.
Tim’s presentations will include: