GRA Partner Carter McNabb discusses the growing set of sourcing alternatives to China.
"China is a crucial trading partner for Australia, particularly with regard to our mineral exports and the range of imports from food staples, through electronics, household goods, automotive parts and even complex heavy-engineering items."
"...there are big changes afoot in global sourcing. Now is the time to revisit sourcing strategies...."
Australian companies are turning to Vietnam, India, Philippines and Thailand as alternative-source markets.