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I will also compare the major locations for manufacturing, China and Eastern Europe, and show how those regions qualify for as production locations.
Reasons for shifting production to a foreign country:
The relocation of production facilities to foreign countries is a very costly and time consuming endeavor, however more and more companies take this crucial step, which can have several reasons. But why is the trend going more and more away from domestic production?
The sales figures in many western countries such as Germany and the US are pointing down. This can be due to economic reasons such as stagnating levels of income, with a high inflation at the same time...
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