Understanding China’s Success:
China’s ranks #1 as the world’s the world’s largest garment exporter with 38% global market share. Bangladesh ranks #2 with a 5% market share. We all acknowledge that China dominates the global garment export market.
However, few … Read More
Imagine you lived in a country where Government retirement funds averaged $30 per month for most of the population; where for most of the population medical services were free unless you wanted to see a doctor, and education universal provided … Read More
For the past year importers have been in a state of flux, trying to reconcile rising supplier costs with falling consumer demand. Desperation brought radical changes, rushing hither and yon in search of low cost suppliers. Business was taken from … Read More
Posted in China-Greater China, Customer Strategies, Recesssion
Tagged ANDEAN, ASEAN, Cambodia, China exports, Dominican Republic, DR-CAFTA, El Salvador, garment imports, garment sourcing, garment suppliers, Guatemala, Haiti, Honduras, India, Jordan, mexico, Nicaragua, Pakistan, Philippines, Sri Lanka, Sub-Saharan Africa, Thailand, Vietnam
Much has been written about the underlying causes of China garment export declines. Garment industry specialists and economists point to macro-economic factors, such as currency revaluation, rising labor costs and labor shortages as well as trade subsidies and inflation, just … Read More