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Companies scramble to hire as production shifts from China to cheaper Asian centres amid deepening trade war

2018-09-17 09:56:56       source:The South China Morning Post

September 17, 2018


Hong Kong and mainland companies are planning to hire more staff in cheaper regions of Asia as trade tensions between Washington and Beijing prompt firms to shift parts of their production lines to India, Bangladesh, Vietnam, and Malaysia, according to an international headhunter.


Executive search company DHR International, which has its headquarters in Chicago, said the search to diversify production from China was among the major drivers behind the talent search.


“Mainland China remains an important manufacturing base for many companies. However, we have seen more hiring demand in Southeast Asian countries as many manufacturers are now expanding their production outside the mainland to prepare for the trade war,” according to Christine Greybe, DHR’s president and head of international.


Read more:

https://www.scmp.com/business/companies/article/2164442/companies-scramble-hire-production-shifts-china-cheaper-asian