Cutting Costs Most Important Factor For International Sourcing
A recent report by the European Commission, Eurostat, found that "By far the most important motive for sourcing in China is to cut costs"
The article continues by saying "China's importance as the 'world's factory' is confirmed by the fact that manufacturing companies in particular have been sourcing there. Furthermore, the functions which manufacturing companies source to China are mainly their core production activities, and much less frequently their support functions. This pattern confirms that the main motivation for sourcing to China is to cut costs rather than to gain access to new markets."
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