Author: leogirl

Are Chinese exporters killing each other on Business? [Copy link] 中文

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Post time 2006-12-19 14:04:58 |Display all floors

Reply #7 tomcat2000's post

It's got to do with IT TECHNOLOGY...

those BUYING HOUSES located in Hong Kong and Singapore are using technology to make business unprofitable!!!
it is worse in ASSEMBLY industry.

You see.....in BUYING HOUSES...

The have ERP systems...or Electronic Requisition Procurement systems....
The suppliers have to BID in a worldwide tender on screen...
This results in LOWEST PRICE...
thus NO PROFITS or sell at a LOST when you have a large factory to maintain!


In Singapore...I have just seen the DEMISE of the TEXTILE INDUSTRY...only 1 company is expected to remain...South Asia PLC.


Just some tidbits to keep you awake!


Green Dragon

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Post time 2006-12-20 13:47:14 |Display all floors
Originally posted by leogirl at 2006-11-16 21:05
But most of the investment comes down to just  a few people's hands. While most of the others are still suffering in living.  You know,many Chinese are still living under the poverty level of the w ...



You think if NO money made in 6-12 months,

Will the business CLOSES SHOP???

What's on your mind now........ooooooooooooooo la la....Kind Regards

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Post time 2006-12-20 13:48:08 |Display all floors
Originally posted by caringhk at 2006-12-20 13:47



You think if NO money made in 6-12 months,

Will the business CLOSES SHOP???



What i also mean is that people GET PAID their WAGES$$$$!!!

Most important for Biz Continuity!!!
What's on your mind now........ooooooooooooooo la la....Kind Regards

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Post time 2006-12-21 13:13:00 |Display all floors

Reply #10 caringhk's post

Buddy!

Why are you always sleeping!

This will happen soon...

Singapore will drop the ultra competitive business in textiles and concentrate on higher yielding business like Casino, trading, banking etc.

Even Guangzhou local government has announce REDUCTION in floating population in a bid to increase wages of local citizens. This will increase wage and make a range of assembly business especially those low paying, low value adding (such as garment assembly - now at Rmb40,000 per worker) move away from Guangzhou and more towards Guangxi, Vietnam, Henan and Fujian!

That would mean changes from mostly assembly to higher end durable manufacturing and services for Guangzhou, Malaya etc.


It's pointless to compete at "NO PROFIT" with regions which has superior cost, such as low cost labour, low cost materials, low energy cost, easy access to water, low cost logistics etc.!


Green Dragon
Business Analyst
New Middle Kingdom

-----------------------------------------------------------------------
Great Magician CaringHK!
Stop spending time using magical power.
Use more time on rational "under heaven" methods!
It's more fun!

[ Last edited by greendragon at 2006-12-21 01:14 PM ]

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Post time 2006-12-21 13:19:00 |Display all floors
Originally posted by greendragon at 2006-12-21 13:13
Buddy!

Why are you always sleeping!

This will happen soon...

Singapore will drop the ultra competitive business in textiles and concentrate on higher yielding business like Casino, trading ...


Dragon- Sleeping is always good when a hot girl is beside!!!

Ya- U got that VALUE-Chain sequence RIGHT-lah!!!!
What's on your mind now........ooooooooooooooo la la....Kind Regards

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Post time 2007-2-8 22:40:13 |Display all floors
This is a healthy thing right? Even the importers, retailers etc... I dont think exporters predicament is as worst as the others.

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Post time 2007-2-8 22:49:43 |Display all floors
Originally posted by leogirl at 2006-11-15 10:09
Are they killing each other on business??


The answer is yes they are and it is ridiculous. An example is a clothing company that has recently opened a branch in London to try and sell wholesale products directly rather than going through an agent.

They have discovered that Clothes can now be sold in China for a higher profit because the companies here demand such a low price.

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