Eastern progress
13 September 2012
The Far East is usually seen as a cheap place to source, but competition in the region means the likes of Taiwan and Vietnam are learning to offer more advantages than just price. David Hayes reports
For businesses looking to source in the Far East, one of the major draws is cheap suppliers. But as the region’s trading links with the rest of the world develop, countries in the area are trying to attract foreign trade by moving into different markets and adapting their strategies. So buyers should beware seeing the region in uniformly “low-cost” terms.
Take...