China still shines
Nov 4, 2011 – 8:00 AM ET | Last Updated: Nov 8, 2011 4:52 PM ET
Michelle Siu for National Post
Willy Kruh, global chair of consumer markets for KPMG International.
Everybody is looking for the new China — and the simple answer is: China,” says Willy Kruh, global chair of consumer markets for KPMG International. Although many countries have emerged as the competitors of China, the country still remains as the dominant choice for sourcing for consumer goods companies.
The Chinese juganaut continues according to Willy Hugh from KPMG. I found this article interesting covering a country that is so vast and diverse, that you ignore it at your risk.
Some of the numbers are simply staggering and it makes China that pre-eminent sourcing location for the world. It is not all plain sailing for China with larger wage bills and demands creating their own Pressure.
Read Willy’s thoughts and get a view from KPMG’s perspective.