Date: January 20, 2003
Title: Coping with mainland China, FORTUNE
Author: Clay Chandler
Page: P.46-52
Summary:
China becomes the hottest topic around the ground within this years; you can find that the rapid frugal growth in China obviously, therefore, the competition of China in the future cannot be ignored!
Due to the admission of World wiliness Organization (WTO), the future of China had been predicted as good as possible. Actually, the economic performance of China, in this year, is better than many others Asian countries. In addition, as the time of worldwide economic deterioration, China still had an amazing result in the past deuce years. The outputs of China are exported to all over the world; it is including any(prenominal) of the famous brand names. As you know, China is becoming the broadest manufacturing and industrial region, and replacing the duty of the rest of Asia.
Singapore, she had a great performance in the past decade; however, she is also modify by the worldwide economic deterioration. Some of the investors are freehanded up to invest in the Singapore anymore, and the economic assertion of her is missing. Therefore, the competition of Singapore is decreasing. And this is also shown the leading position of China.
Moreover, such(prenominal) as lacquer and mainland China, these two islands are leading the electronics knit of Asian.
But they are directly vulnerable to Chinese competition. Of course, lacquer has a huge lead over China in technology and management expertise, so the compete among China and Japan is not so much, not more than 16%. However, the go of China development On the other hand, the competition of Taiwan is declining; the performance of Taiwan is poorer and poorer. Most of the Taiwan companies are piteous to Mainland, due to the lower production cost in China. Moreover, if you...
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