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China Plus One information


China Plus One, also known simply as Plus One or C+1, is the business strategy to avoid investing only in China and diversify business into other countries, or to channel investments into manufacturing in other promising developing economies such as India,[1][2][3] Thailand,[4] Turkey[5] or Vietnam.[6] For the last 20 years, western companies have invested mainly in China, drawn in by their low production costs, and enormous domestic consumer markets.[7] Developing from the overconcentration of business interests in China, it may be done for reasons of cost, safety, or long-term stability. It has also been described as a 'macro-level phenomenon'.[8][9]

  1. ^ "As worlds fastest-growing economy at 5.8%, India bright spot: UN economist". Business Standard. 2023-01-26. Retrieved 2023-01-28.
  2. ^ "world bank: India seen fastest growing among 7 largest emerging & developing economies: World Bank". The Economic Times. Retrieved 2023-01-28.
  3. ^ "India Big Beneficiary As Companies Move Towards "China Plus One" Strategy". NDTV.com. Retrieved 2023-01-28.
  4. ^ "Latest News". Business Standard India. Retrieved 2023-01-28.
  5. ^ "The development of the "China+1" concept in the US and the EU". Retrieved 2024-04-26.
  6. ^ "Vietnam: a promising option in light of the "China plus one" Strategy". Source of Asia. 2022-07-29. Retrieved 2023-01-28.
  7. ^ Witchel, Start. "China Plus One" (PDF). Fti Journal. Philipa Symington.
  8. ^ Collins, Robert; Block, Carson (2011-02-10). Doing Business in China For Dummies. John Wiley & Sons. p. 70. ISBN 978-1-118-05094-1.
  9. ^ Iida, Keisuke (2017-07-06). "6.8: China-plus-one at firm level; 6.9: American foreign direct investment in China". Japan's Security and Economic Dependence on China and the United States: Cool Politics, Lukewarm Economics. Taylor & Francis. p. 156. ISBN 978-1-317-31141-6.

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