from schizoidman@lemmy.zip to world@lemmy.world on 27 May 02:19
https://lemmy.zip/post/65062873
cross-posted from : lemmy.zip/post/65062870
More European companies are maintaining or expanding their supply chains in mainland China to remain competitive globally, according to a survey released Wednesday by the European Union Chamber of Commerce in China.
“The cost of labor, which might be lower anyway, is becoming irrelevant itself, because [of] automation,” said Denis Depoux, senior partner, global managing director at Roland Berger, a consulting firm that helped the EU Chamber assemble the survey.
“The difference in the level of automation [versus] two years ago is mind-boggling. You don’t see anybody anymore,” he said, referring to his visit this week to a privately-owned Chinese copper manufacturing company.
About three-fourths of EU companies in China said their production facilities in the country were more efficient than operations elsewhere, the chamber’s survey found.
#world
threaded - newest