Swiss small and medium-sized businesses (SMEs) geared to the Asian market are relocating their production to Vietnam, Thailand or India. With such a second location, companies can prepare for a possible escalation in China, according to a top export promoter.
This content was published on January 28, 2023 – 14:02
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“We’re seeing a trend: ‘China+1’,” said Simone Wyss Fedele, head of export promotion organisation Switzerland Global EnterpriseExternal link (S-GE), in an interview with the Schweiz am Wochenende.
The diversification of companies is currently focused on regionalisation in international trade, she…
