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Tag: hub
Rising mainland prices and competition from South East Asia mean Hong Kong remains the region’s sourcing hub
By Athena Tse Career Coaching & Guidance
China
,
Competition
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factories
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Hong Kong
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hub
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Sourcing
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South East Asia
Does sourcing have a future in Hong Kong? This is a question frequently asked by people in the industry, from junior merchandisers to managing directors.
After all, the competitiveness of factories in southern China has been eroded by increased costs, an appreciating renminbi and fierce competition from South East Asia.
Job seekers are worried about the future of the industry in Hong Kong and managing directors face difficult choices when determining where they should establish their regional hub.
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