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 […]
China
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 […]
What does it mean to you when you see the phrase “Made in China”?
For many years, consumers took the label “Made in China” for granted: few questioned the quality and were often only attracted to the inexpensive price. Consumers are now scrutinizing what it means when a product is “Made in China” and asking questions like: Is it really inexpensive? Am I getting a quality product? And most […]
Commerce Department: China Not a Market Economy
The Chinese government’s foreign investment regime is restrictive, the report concluded, the Chinese government exerts significant ownership and control over industry through state-invested enterprises, and other means, and state planning remains important in the Chinese government’s industrial policies. The Chinese government pushed back on these assertions in a speech made by a Ministry of Commerce […]