Without doubt, U.S. companies are still thirsty for cheap labor and raw materials from the Middle Kingdom. Caterpillar said in August that it would begin building small- and mid-sized diesel engines in China, primarily for Asian buyers. U.S. transportation and logistics companies such as Con-way, Schneider National and YRC Worldwide are making inroads into China through partnerships and acquisitions.
China is still "a dominant theme" for outsourcing clients of supply chain consultant Ariba, said Patrick Furey, senior manager of category management. "We haven't seen a significant slowing in sourcing activity," he said.
Traffic World/Commonwealth Business Media