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Denmark'S Largest Textile Company Began To Turn Its Production Base Out Of China.
According to the 11 day of July, the "Daily Mail" reported that some of the Danish companies have begun to turn their production base out of China due to the gradual increase in wages and freight costs in China. CEO Jan Stig Andersen, group TDX of Denmark's second largest textile enterprise, believes that there is a need to find cheaper and faster delivery of goods to shops. Bestseller, Denmark's largest textile company, also said that because of the impact of China's inflation and high oil prices, freight pport costs skyrocketed, and the company intends to develop Kampuchea and Bangladesh as an alternative country.
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