China is the biggest trade partner for both the USA and EU. Your car - wherever it's made - has numerous components that are made in China, your laptop, mobile phone, shoes, cutlery, pens, office furniture: all made in China.
So there's a big chance that sourcing in China could be interesting for you as well:
Due to lower labour costs ànd great infrastructure (and subisidies) Chinese companies can make and deliver the same product at a signifcantly better price.
You only pay for products that comply to your standards. The risk and costs of fail production are your provider's, not yours!
You don't have to invest in staff, training and equipment to increase your output. Your provider does that for you!
Instant flexibility allows you to easily, quickly and without investment or disinvestment scale up or down your outsourcing needs.
Chinese companies are highly developed and specialized.
When outsourcing you get access to specialized expertise if not available in-house.
Bij outsourcing less profitable parts of your process or sourcing parts at the same quality but better price, you can focus on your core competences and improve your bottom line.