Discussion on a financial news station about manufacturing cutbacks in China and about overdelopment of malls which are empty. Then there's the downturn in the markets that may be related to investors dumping chinese companies trading in the US - it was announced this morning many companies have been falsely reporting their numbers for the past year.
So debate is about whether China is safe for US companies to expand to.
This was priceless and offered by a financial person with a straight face:
American companies should definitely build in China. They love brands there and if they see US brands sold in their own country...when they visit the US (they love to travel) they will buy those brands during their visit.
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So - invest a few million to establish a branch of your company in China on the premise that a tourist from China will see Nike shes here and go "aha, I must have a pair"???
Yeah, that makes sense.
Just when you think you've got it all figured out, someone changes the rules.
Just when you think you've got it all figured out, someone changes the rules.
Sal
When the Roads and Paths end, learn to guide yourself through the wilderness
Beyond the Path
Sal
When the Roads and Paths end, learn to guide yourself through the wilderness
Beyond the Path