Alibaba, the Supply Chain, and Changes in China
- Friday, 26 October 2018
- Data
It is well known that China has been the biggest producer of goods for many years. From children’s school supplies to the contents of every handyman’s toolbox, “Made in China” is found in small print. However, China’s labor costs, much due to its economic growth from manufacturing, have risen to the point that the competition from nearby Asian countries is taking some of that manufacturing business. These shifts, along many others over the last two decades, have been heavily influenced by the conglomerate Alibaba, affecting the supply chain of companies worldwide.
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