Why Source from China?

Cost: This is the primary reason that companies source products from China. China's tremendous, low-cost labor force offers astounding cost advantages for manufacturing. ... Pursuing a low-cost strategy in China can create tremendous disadvantages for your company if not handled well.

Why do we get electronics from China?

Low cost was China's competitive advantage and what allowed them to start the electronics made in China wave. ... All factories in China were working hard to out-cheap their neighbor, hence China became the cost leader in Manufacturing for nearly everything. 7. Low labor costs of course attracted a lot of Western clients.

Why sourcing from China just got more expensive?

Surging demand and supply disruptions are driving up prices for raw materials, labour and shipping in fashion's largest manufacturing hub. ... China is fashion's most important manufacturing hub, so when prices started rising in the run up to Chinese New Year, the ripples were felt throughout the supply chain.