The cost of decoupling

“Production costs over there [in Shenzhen] are 75% lower than in Italy. I cannot consider cutting them and reshoring that particular production line”


Gimmi Baldinini, chairman of Italian designer footwear firm Baldinini, tells the South China Morning Post that even as there is talk of shortening supply chains he is still reliant on Chinese production of sports shoes. “Chinese workers have a better hand with gym shoes,” said the boss of the family firm, which was founded in 1910.

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