Related Keywords: China plue one policy, material supplier, reliance on China, TPP, Vietnamese textile and garment companies, yarn forward
China plus One or China +1 is an international business strategy that consists of the expansion of one company's current operations in China, to another country having low wage rate, strong infrastructure and a suitable atmosphere for business. China plus one, strategy is followed by Japanese investors over the last many years as well. Vietnamese textile and garment companies want to take up the “China plus one” policy in an effort to escape reliance on China as its biggest material supplier.
