1946
Newbie
Guys.
I think, all of you don't get it.
If one day, the Chinese will decide, their home market of 1.5 billion
consumers is good enough for them, and they do not need us any more,
we will be looking down the drain...
Why should they bother about such a tiny GA market, like the US,
when with just one stroke of pen they can create a home GA market
10X the size of the US market.
What Arnie writes is absolutely the way it is, and the way Albert wrote it.
But one day this Chinese manufacturer will not bother any more at all
about his 500 units customer in North America, because instead of selling 100 units
to the home market, he would be selling 5000.
So why should he bother about those extra 500 for export.
And, BTW he will not be violating any contract with his US partner,
because this partner, by the contract, granted him generously
the rights to manufacture the product for the Chinese market
But the guy in North America will be in big trouble, because by that time
he will not be able to find any other manufacturer around the world for that price.
I don't know, if you noticed, that this year, for the first time the domestic
consumption in China contributed more to the GNP, than exports...
Arnie got it right, and you are more explicit.
The Chinese are money hoarders, notoriously bad consumers, in particularly the rural population; they hide their cars while selling their produce on stress markets,the west calls them poor. It’s bad news for a government desperately trying to kill the export-driven economy and move to a more consumer-orientated one, in an effort to promote spending the government subsidies on a range of goods are starting to encourage those who wouldn't normally splash out. Wal-Mart is selling Bao mi hua (popcorn) and real corn flex, UPS is here now, many US companies are popping up from nowhere, great, is heating up. The biggest problem in China this guy’s, while everything is available, they don’t any ideas about consumer service. Going to the streets markets, one can find items labeled Made in USA.
Thanks
Albert