Everything You Need to Know About China Plus One | Z2Data

China Plus One has been a key sourcing strategy for at least a decade now. Is it still as necessary and vital as it once was?

Article Highlights: The China Plus One Strategy (C+1) is a supply chain approach that encourages companies to diversify their supply chains away from China in order to mitigate risk. The strategy emerged in 2013 due to concerns about global dependency on China. Since then, it’s gained ground with trade tensions, COVID-19 disruptions, and rising labor costs. New markets are emerging as alternatives to China, including Vietnam and India. Choosing a “plus one” location includes evaluating costs, geopolitical stability, infrastructure, and supplier reputations. China Plus One is a…

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• Nevedhaa Ayyappan

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