Top Inspected Products by Country – Q1 2018 | TOPWIN Inspection – Audit Industry News
Global Sourcing Trends: China Still Beating Growth Forecasts, Bangladesh Heading for Rebound
While concerns about international trade tensions abound halfway into 2018, TOPWIN's latest data on quality inspection and supplier audit demand offers some perspective on the shape of things to come in global sourcing. Despite the fears of further trade escalation between the US and China, the manufacturing giant remains ahead of its latest growth forecast of 6.7% with TOPWIN’s half-year figures showing inspection volumes in China rising +8.2% YoY in H1 2018.
In Southeast Asia, growth remains robust, in line with the economic forecasts for the regionii, with Cambodia, Thailand and Taiwan in the lead, showing double digit YoY growth in inspection and audit volumes in Q2 2018. Meanwhile, in South Asia, Bangladesh is recovering from an earlier slump, with inspection volumes expanding +4.6% in Q1 2018.