The Impact of China’s Economic Shifts
Mark Millar explores how shifts in the Chinese economy are causing international companies to rethink their opportunities within the Chinese consumer market and why migrant workers are moving back inland
- The regulatory environment, including bureaucracy and administrative overheads, and its implications—for example, India’s state-level tax system often leads to operating multiple distribution centres across different states.
- Infrastructure – in many Asian markets the transportation infrastructure is underdeveloped which can lead to damage and delays resulting in costly inefficiencies in the supply chain.
- Talent shortages—more than 70 per cent of businesses are now affected by the industry’s ongoing skills shortage, according to the Logistics Executive 2012 Employment Market Survey Report.