China still best choice for global outsourcing
A report on the USCCC 14th Annual Trade Conference
USCCC in the News
November 5, 2013
Interview with Siva Yam
China is still the best choice for global manufacture outsourcing, US experts said at the 14th US-China Chamber of Commerce's Trade Conference in Chicago on Monday.
"China is still the choice because labor in China is efficient and the relationship that many companies have established cannot be easily replaced," Siva Yam, president of the US-China Chamber of Commerce, told Xinhua.
He pointed out that China has the advantage over other Southeast Asian countries with its big market -- not only for companies to outsource, but also for them to stay close to a large consumer market.