Hong Kong-listed Li & Fung supplies apparel, accessories and other products to major global retailers. Photo: Edmond So

Li & Fung cuts China’s role in supply chain as it shifts sourcing to cheaper markets in Southeast Asia

  • China accounted for 51 per cent of Li & Fung’s total sourcing business in 2018, down from 54 per cent in 2016
  • Company’s move to buy goods from countries like Vietnam helped it to minimise impact of US-China trade war
Topic |   Hong Kong company reporting season

TOP PICKS

Hong Kong-listed Li & Fung supplies apparel, accessories and other products to major global retailers. Photo: Edmond So
READ FULL ARTICLE
Yujing Liu

Yujing Liu

Yujing Liu is a business reporter with a passion for understanding and explaining the fascinating complexities of China’s economy and society. Originally from Beijing, she joined the Post in 2017 after graduating from the University of Hong Kong with a degree in politics and journalism.