With incomes steadily increasing, China’s new consumer class is larger than that of the United States and Europe combined. With a population of nearly 800 million workers, how will this newfound spending impact the global economy?
Very interesting article with excellent insights. A must read for anyone interested in China
SHANGHAI (Reuters) - China plans to cut red tape and reduce costs for Chinese firms looking to spread their reach overseas to help boost growth and stave off a wider economic slowdown, according to a statement
What do you get when you add slower economic growth, greater volatility, and rising competition to more international flights and genuine Chinese innovation? McKinsey director Gordon Orr’s annual predictions. A McKinsey & Company article.
Western consumers have reached their limits for "buying stuff.” That verdict comes from an unlikely place: IKEA, the Swedish furniture goliath. Speaking at The Guardian’s Sustainable Business debate, Steve Howard, IKEA’s head of sustainability,...
Author: Yiping Huang, Peking University As 2014 fades in the rear-view mirror, the Chinese economy exhibits two sharply conflicting trends: while economic
After a couple of years of a slower China economy, most people are now coming to terms with the fact that China will no longer be a place with insane growth. Some people (me included) think this is good. And this article makes a few intersting points in that direction.
By Michael Gold and Yimou Lee SHENZHEN, China (Reuters) - Taiwan's Foxconn Technology Group, the world's largest contract electronics manufacturer, would like to slim its massive workforce with the help of automation, and for now will work on...
“Riding the Next Wave of Outsourcing: Supply Chain Management for New Product Development”
Via Tim Rodgers
This is an good article addressing one of the most difficult aspect of sourcing in low cost countries. procurAsia is active in a few of these new product outsourcing and this is a whole other ball game.
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