Firms eye Kingdom of Cambodia as tariffs mount on factories in China

[geovalin]

The Kingdom is becoming more attractive than ever for fashion companies that are looking to diversify their supply chains in response to the escalating trade war between the US and China, industry experts say.

 

A number of companies have recently unveiled plans to move production away from China to avoid tariffs and rising labour costs. The media has also reported that many are expanding their activities in Cambodia.

 

“People originally thought this would be a short trade war – now they realise it could last much longer than expected,” Shanghai-based China Market Research Group managing director Shaun Rein told The Post.

 

read more https://www.phnompenhpost.com/business/firms-eye-kingdom-tariffs-mount-factories-china

 

 

-- © Copyright Phenom Pen Post 13/09

[Redline]

Then they’ll be targeted