Shifting tides put China’s dominance under threat - Logistics Insider

China's position as the world's factory and a global hub for supply chains is being challenged as companies seek to diversify manufacturing and logistics operations. Concerns over geopolitical uncertainties, rising labor costs, and supply chain disruptions were heightened by trade tensions with the United States and further exacerbated by the COVID-19 pandemic. As a result, businesses are looking to alternative locations in Southeast Asia, South Asia, and other regions with favorable business environments, cost advantages, and robust infrastructure. The rapid progress of advanced manufacturing technologies is also enabling nations to compete with China in terms of production capabilities and product quality.

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