Lennard 10 Posted November 20, 2006 Report Share Posted November 20, 2006 (edited) Well...some sectors of business here had/have the same fear that they would be outcompeted by China...so they organised a delegation of managers to visit China and see for themselves. They came back kind of relieved as they found that the Chinese are not very efficient, although workers tend to make long days the productivity is actually pretty low as is the quality of the products and follow-up service. Also they found that some Chinese core-businesses like fabric/consumer goods have the same fears and problems of production being cheaper and thus moving to Vietnam or other places. We have to stick to what we do and keep our eyes open for opportunities. China is also importing more stuff and services... L. Edited November 20, 2006 by Lennard Quote Link to post Share on other sites
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