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Submitted by: Halinka Panzera - 19-Mar-2013
I have been having discussions with various major manufactures in Australia who are all being lured off shore.
The funny thing about this policy is that they are ignoring two important points.
China wants quality overseas products
The Chinese middle class markets are not necessarily buying their own locally made products (from baby formula to cars) and new supermarkets are being launched in China, that specialise in ONLY imported items.
China has a very large emerging middle class consumer market
Here I am referring to the approximately 300 million Chinese who are the emerging middle class as of NOW.... read more