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Asian Manufacturers Fight Back Against Payment Terms

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

In an unlikely move for such disparate and competitive countries—Asian manufacturers banded together on Monday to launch an initiative to work collaboratively from the region that accounts for more than 60 percent of global sourcing of garments and textiles. Restless after Covid-19, and the immense pressure they have been facing from all sides to keep…

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