Outsourcing to CHINA: A Comprehensive Guide for Small Business Owners
The Chinese economy is a thriving powerhouse. China is the second-largest economy, just slightly behind the United States. As of 2022, the International Monetary Fund estimated China’s GDP at USD 19.91 trillion. While there are other emerging economies, none is on par compared to China. With lower labor costs and a great network of businesses, […]
Outsourcing to Vietnam: A Comprehensive Guide for Small Business Owners
Since the 80’s, Vietnam has been a success story. The country’s development has helped make Vietnam a middle-income economy in just one generation. With economic reforms and beneficial global trends, the country’s GDP per capita increased 3.6 times from the early 2000s to 2021. In addition to this, the poverty rate declined from 14% to […]
