Quoting from [lovechina]:
A recent survey by the Shanghai Chamber of Commerce indicates that China is losing its manufacturing competitiveness in some industries and that companies need to upgrade their operations to stay profitable.
Manufacturing outsourcing to both Vietnam and to China will continue increasing. Obviously, there will be many companies that choose Vietnam for their manufacturing who would have chosen China a few years ago. There will also be many who are in China now who will choose to expand their manufacturing operations in Vietnam instead of China. But China will remain the overwhelming choice for manufacturing and few companies manufacturing in China now will up and leave for Vietnam. Vietnam is not a panacea and it is not a replacement for China. Not even close.
On the other hand a large portion of these m should remain in agriculture to feed the rest.
China is a very big place with a variety of economic and social "zones".
As a result of the rising inflation, salaries, food etc. at some of these zones (which can be countries in European sense) will see Manufacturing slowing down. This process has been going on for awhile.
Now, naturally it should flow into other "zones" taking the place of agriculture which in turn would increase again inflation and so on.
Of course it will pop sooner or later.
Quoting from [lovechina]:
A recent survey by the Shanghai Chamber of Commerce indicates that China is losing its manufacturing competitiveness in some industries and that companies need to upgrade their operations to stay profitable.
for us labor costs are up roughly 14%. We were actually expecting to be a little bit higher.
Quoting from [lovechina]:
A recent survey by the Shanghai Chamber of Commerce indicates that China is losing its manufacturing competitiveness in some industries and that companies need to upgrade their operations to stay profitable.
I can see the China government becoming more and more concerned with environmental issues. They're going to be enforcing factories to look after their own environmental area, which I think may increase some of the costs in mfg in China but not a very large impact.
Quoting from [lovechina]:
A recent survey by the Shanghai Chamber of Commerce indicates that China is losing its manufacturing competitiveness in some industries and that companies need to upgrade their operations to stay profitable.
the Chinese government are very good at telegraphing what they're going to do. They've made some pretty clear statements that say as you read the Chinese press and see the press in Hong Kong over year they're been coming out with a lot of statements that say don't even consider any new reevaluation during the nix 6, 7 to 9 months.
China is still the right manufacturing choice for most American and European companies, most of the time. What do you think?
Quoting from [lovechina]:
A recent survey by the Shanghai Chamber of Commerce indicates that China is losing its manufacturing competitiveness in some industries and that companies need to upgrade their operations to stay profitable.
If China no longer competitive, who will be? India? vietnam? Thailand?
Made in China products are cheap, but not poor quality. Why some India companies pruchase goods from China?
The only way to work out: improve competitiveness of quality, but not only prices.
Quoting from [huyi]:Quoting from [lovechina]:
A recent survey by the Shanghai Chamber of Commerce indicates that China is losing its manufacturing competitiveness in some industries and that companies need to upgrade their operations to stay profitable.
the Chinese government are very good at telegraphing what they're going to do. They've made some pretty clear statements that say as you read the Chinese press and see the press in Hong Kong over year they're been coming out with a lot of statements that say don't even consider any new reevaluation during the nix 6, 7 to 9 months.China is still the right manufacturing choice for most American and European companies, most of the time. What do you think?
yes it is the country exporting the most
but small China business should grow up and start to respect us as North American
not thinking scam or whatever, may customers not deal anymore with china because they lost
And as you know money have no frontier, so whatever the next best country I am ready to chack another exporter if their price are good and they ship the products as described
mutual agreement this is all about
Quoting from [lovechina]:
A recent survey by the Shanghai Chamber of Commerce indicates that China is losing its manufacturing competitiveness in some industries and that companies need to upgrade their operations to stay profitable.
Suharto and Mahatir were undone by the US speculating with their currencies. In 1997, 1000 rupiah bought 40 US cents in 1997. In 1998 10000 rupiah, then 17000 rupiah to the dollar,
India? Vietnam? Very unrealistic. The only advantage India has is that its' leaders seem very keen to bow to the US and EU.
My warning advice to China- never trust the Americans. Never follow their demands or advice or temper tantrums.
They are the very worst cry-babies, bullies and neo-colonialists. And the EU not much better.
Indonesia supports your Chinese People's Revolution! Viva China! Viva!