Tuesday, January 29, 2013

Business Resourses in China

Well developed economies try and flourish their businesses, set their sights on emerging markets and regard trade with China as a golden opportunity. But what business opportunity is China offering? Primarily, we must understand trading with China in terms of imports and exports because it is important to know what business opportunities China has. A primary opportunity that China offers is its ability to manufacture goods inexpensively. With wages under a dollar an hour, trade with China can undercut any other suppliers purely due to low cost and better efficiency. Korea, Bangladesh and other countries are trying to adopt low-end manufacturing while China is offering higher quality standards, better work environment, motivation, creativity, sophistication and complexity. In fact, the greatest business opportunity China offers is exporting. China's local consumerism is growing rapidly and buying power is increasing significantly with time and the Chinese have a hunger