Tuesday, January 17, 2006

Pros and cons of producing in China

I read these two articles on the same day. It's quite interesting to read about both experiences.

This lady has done VERY well after shifting production to China:
http://www.businessweek.com/smallbiz/content/jan2006/sb20060101_311177.htm?campaign_id=asia_Jan6&link_position=link21

This gentleman, on the other hand, has been much less fortunate:
http://www.thestandard.com.hk/news_detail.asp?we_cat=9&art_id=9900&sid=6238951&con_type=1&d_str=20060116

If you're going to do business in China, learn from the mistakes of others, keep an open mind, and think of creative ways to solve your problems effectively. I was once told that when doing business in China, rule #1 is "Nothing is impossible", while rule #2 is "Everything is difficult".

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