Surge in Asia Pacific’s largest manufacturing centres driven by global demandChina strengthens its leading position as the most attractive manufacturing hub globally; Thailand sees improvement in cost profile. Asia Pacific’s largest manufacturing centres have rebounded strongly as economies across the globe have reopened and driven demand for key products, according to Cushman & Wakefield’s 2021 Global Manufacturing Risk Index, which assesses the most advantageous locations for global manufacturing among 47 countries in Europe, the Americas and Asia Pacific. Risk Scenario: Early and effective lockdowns to control the first wave of the pandemic helped China’s manufacturing sector rebound after Q1 2020. Strong performance of its manufacturing sector during the rest of 2020 contributed to a “better-than-expected” first place ranking on the risk scenario. AppendixTable 1: Bounce Back RatingTable 2: Baseline ScenarioTable 3: Cost ScenarioTable 4: Risk ScenarioClick here to download the Cushman & Wakefield’s 2021 Global Manufacturing Risk Index.

Source: Bangkok Post August 18, 2021 08:26 UTC