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M Powered
330 posts
78 months
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ellisd82 said: So funny reading this after a discussion with a colleague of mine who thought China was still just full of sweat shops! How little so some people realise how China and India are on the up. Indeed. I have newer data to this, but it shows the trend. Worth looking at the bottom chart on Page 19 and where China resides.
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SonnyM
2,673 posts
62 months
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Cupramax said: PILCH 23 said: I hate reading all of this cr@p about China. Chinas greed for high end product is what may well save the UK's specialist manufacturers and get our economy going... You can make a lot of money in China, but try getting it out of there...
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georgetuk
185 posts
87 months
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PILCH 23 said: I hate reading all of this cr@p about China. Awww ha ha bless you and a little Western inferiority complex. Don't know whether you noticed but they are 2nd richest nation on Earth so expect to hear a fair amount more.
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billybob69
672 posts
14 months
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ellisd82 said: So funny reading this after a discussion with a colleague of mine who thought China was still just full of sweat shops! How little so some people realise how China and India are on the up. well with a billion there are bound to be at least a few millionaires. But it is built on serfdom and how long it lasts will see.
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peter450
1,324 posts
102 months
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It's not built on serfdom, it's built on the fact wages are much lower there, hence they can produce things a lot more cheaply
The problems will start once the East reaches a western standard of living for larger proportions of there populations, unless technology can massively increase food production and we find alternate cheap sources of fuel to replace existing fuels like oil, then basic staples like food, etc are going to start to get very expensive, ditto for transport etc
The world can only sustain so many people, and people in the west have traditionally consumed the lions shares of resources, if you add another west in the east, you can see how demand is going to drive prices
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tommy vercetti
3,250 posts
32 months
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peter450 said: It's not built on serfdom, it's built on the fact wages are much lower there, hence they can produce things a lot more cheaply
The problems will start once the East reaches a western standard of living for larger proportions of there populations, unless technology can massively increase food production and we find alternate cheap sources of fuel to replace existing fuels like oil, then basic staples like food, etc are going to start to get very expensive, ditto for transport etc
The world can only sustain so many people, and people in the west have traditionally consumed the lions shares of resources, if you add another west in the east, you can see how demand is going to drive prices +1
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uk_vette
2,761 posts
73 months
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Beaker_u_muppet said: Surely if its a new store in China, all the stock and staff are fakes. . Oh you really are a f  king "head in the sand" muppet. The whole world is slowly sliding down the pan, and that's all you can say about China? Pathetic. vette
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EK993
1,386 posts
120 months
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tomoleeds said: you would think mercedes would open the first amg only sales in germany, ie stuggart, berlin,munich, seems sreange to open in china, just to pick up sales What, strange to open an operation in a country that is falling over themselves to spend vast quantities of money on luxury goods from the West, a country where you will be able to generate enormous amounts of revenue for your company? Yes, I agree... most strange 
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Mark.H
3,198 posts
75 months
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I wonder if they sell clk 200 etc "amg"'s haha
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sanctum
112 posts
44 months
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Chinas economy isn't based on being a low cost manufactureer anymore. Most western companies have wised up and moved production elsewhere to insure better quality and consistancy. Chinas economy is now largely self supporting.
The big problem I see in China is the rich/poor split. There are so many people in China with almost nothing, still living in poverty. Then in the big cities you see the wealthy side of China, where people love to pay top price for glossy bling and gadgets to show how affluent they are. It's a very conspicuous wealth and not pleasant to watch.
While I understand the drive to sell european products in China to the wealthy, personally, I don't like it. And companies who supply to China or sell in China are just supporting that dichotomy.
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Skater12
398 posts
27 months
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So when China do take over the world ( it's going to happen, just accept it! ) they'll be comming by land at high speed in G65's, great! We're all screwed!
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RichardD
3,234 posts
114 months
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sanctum said: ...While I understand the drive to sell european products in China to the wealthy, personally, I don't like it. And companies who supply to China or sell in China are just supporting that dichotomy. Surely it is better to sell to China than import from China !?
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MiseryStreak
735 posts
76 months
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People are still extremely ignorant of China. There are over 1 billion mobile phone users in China now (75% of its population), that's more mobile phone users in one country than the entire population of Europe and the USA.
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Mermaid
12,481 posts
40 months
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China will have a hard landing at some stage, that will help manufacturers refocus.
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Mark.H
3,198 posts
75 months
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I watched a video on China recently and the 68 million empty apartments the country has because the poor can't afford to move in and there are not enough rich to occupy them... http://www.youtube.com/watch?v=pbDeS_mXMnMSurely something has to give, it's basically Dubai pre 2008 but on an almost Continenal Scale!
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Craiglamuffin
210 posts
49 months
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I couldn't see any chinese lettering in the store's signage. Is that common in China now? Seems like a psychological leap to now be able to communicate Western brands in the same way in China as you would in Chippenham.
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Hunky Dory
831 posts
74 months
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PILCH 23 said: I hate reading all of this cr@p about China.  Then don't. HTH
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slarnge
259 posts
60 months
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They should put one at blue water shopping centre.
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Mark.H
3,198 posts
75 months
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Some handsome devil said: I wonder if they sell clk 200 etc "amg"'s haha AHA, like AMG fakes!...because China is famous for producing fakes...very clever sir!
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Domf
165 posts
24 months
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The China bashers on here take note, that the 19th century was dominated by the British Empire, 20th century by the USA as a superpower and 21st century will/is China.
China controls or dominates:-
1. Raw material extraction in South America, African continent and Australia
2. America's 13 trillion dollar debt is mostly owed to China, just hope China never calls the debt in
3. They've bailed out, propped up numerous Western financial institutions
4. Manufacture most of the goods we use/wear, even if the goods are sold as Western brands, take acloser look and the 'Made in China' stamp is somewhere.
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