China’s rise as a global manufacturing powerhouse has been accompanied by persistent concerns regarding intellectual property (IP) theft. Intellectual property theft refers to the unauthorized use, reproduction, or distribution of someone else’s creative work, inventions, or trade secrets. In this blog post, we will delve into the concept of China intellectual property theft, provide real-world […]
China
Breaking Free from China’s Grip: Moving Your Manufacturing Out of China
You may consider moving your manufacturing out of China to another country such as the US, or possibly setting up product assembly in Mexico, if you currently have shelter manufacturing services in China, but are concerned about tariffs imposed by the United States hurting your bottom line, or if you are concerned about China intellectual […]
Relocating Manufacturing Operations to Mexico as a Tariff Strategy [2023]
The U.S. tax reform legislation of 2017 provided companies with an opportunity to repatriate overseas cash at a reduced tax rate, which has prompted many businesses to reconsider their investment strategies. As they ponder over the allocation of this capital, some organizations are choosing to invest in U.S. manufacturing sites, while others are exploring alternative […]
Avoiding the China Tariffs: A Smart Strategy to Save Costs and Stay Competitive
The ongoing trade war between the United States and China has had a significant impact on many manufacturers, who have been forced to pay higher tariffs on products imported from China. As a result, many companies are now exploring alternative options, such as reshoring their manufacturing operations to Mexico. In this blog post, we will […]
Outsourcing Manufacturing Options: Nearshore Manufacturing, Offshore. What’s the Difference?
Globalization has increased the number of options available to businesses when it comes to outsourcing manufacturing of their products. Depending on the company’s priorities and needs, companies can choose between nearshore, offshore, and onshore manufacturing. A company seeking to make an informed decision about their outsourcing manufacturing strategy must understand the differences between each of […]