Look under the hood
Occasionally some of our Chinese clients claimed that prices of our
products that we deal with appeared to be uncompetitive. I know our
prices are competitive, otherwise, we won’t be in business and
doing so well for over 20 years. China is a highly
competitive market as there are a lot of suppliers and agents
setting up offices there and are trying to undercut each other so
as to survive.
I think no one would dispute that one of
the competitive advantages of China in the business world is that
it has an abundant supply of cheap labour force. This advantage is
clearly shown in the manufacturing sector as China is now the
largest manufacturing country in the world.
This
advantage is also evident in the commercial sector. I am saying
that from my personal experience. In my business, I have been
assisting my China clients to buy foreign made parts through my US
principal, AMRO Supply Inc, a procurement agent. I have
advised my China clients umpteen times that one way to save
costs is to have their orders from different suppliers consolidated
in one shipment, in which way, among others things, they
woul
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