42 Rules for Sourcing and Manufacturing in China: A practical handbook for doing business in China, special economic zones, factory tours and manufacturing quality.
Format: PDF / Kindle (mobi) / ePub
Doing business in China is tougher than you think. Not only is the culture vastly different, but China’s experience in manufacturing is still developing. It will be a few years before the majority of manufacturers are up to world standards. In the meantime, quality, contract laws, schedules and logistics must be closely monitored. As a result, the things Westerners must do to be successful are far different from dealing with American or European manufacturers. The best way to quickly come up to speed on these differences and how to handle them is to learn from the experience of others.
Through over 20 extraordinary executive interviews, Rosemary Coates captured the essence of sourcing and manufacturing in China. '42 Rules for Sourcing and Manufacturing in China' is a pragmatic approach that every businessperson headed to China must read.
For business people who are experienced in doing business in China, or for first-time visitors, this book will provide valuable insights from real executives and experts. These executives offer their personal experiences and recommendations about sourcing and manufacturing in China. Going beyond simple cultural do’s and don’ts, you will discover: • how business is really done • how you can make things happen in China • the mistake westerners often make, and how to avoid them • what made these executives successful
Based on her 25 years of supply chain experience, much of it spent living and working across Asia, Rosemary Coates has become an expert on doing business in China. Her own personal experiences in China are interwoven into this book.
The ability to consolidate production in one country drives innovation and efficiency in global supply chains. Some experts say it will also lead to an accelerated deflation in the industry and cheaper garment prices. R u l e 23 Manufacturing Panties and Bras Is Complicated The average breast weighs between one and three pounds and contains no muscles. A bra must compress, lift, and support a distributed, cantilevered structure. Panties are easy to design and manufacture. They
gross domestic product. As a member of the WTO, China must grant access to the Chinese market for both U.S. exports and investments—including sectors like banking, insurance, and telecommunications. Changes to China’s financial sector are the most profound because they benefit not only U.S. banks and insurance companies, but also other U.S. exporters and investors who can do business more easily now. Exporters and investors can be assisted by U.S. financial-service companies. As expected,
(RMB). As with travel anywhere in the world, you need to be careful. Renee Stein, Director of Global Trade Policy at Microsoft says, "Always hire a car for the day so the driver is always available for you and knows where he’s going. Taxi drivers are unreliable and have a tendency to get lost or drive around in circles." When you are in China on business, remember you are not on vacation. Don’t discuss anything confidential in a cab or car. You don’t know who is observing and reporting back
tea until the Qianlong Emperor ordered the destruction of opium warehouses in Guangzhou and sparked the Opium Wars. The Opium Wars and the Taiping Rebellion By the early 1800s, European and Japanese traders started trading along the inland waterways. Merchant traders (sometimes called "Water People" in Chinese history books), started to trade opium in exchange for highly valued Chinese tea. The weak Chinese emperors and the notorious Empress Dowager Cixi were ineffective against them. It
of building. You will be astonished too. Nick LaHowchic of Diannic Consulting says, "China is one of the most industrious societies I have encountered anywhere in the world. It is economically evolving at unprecedented speed. From an American heritage perspective, it feels like we were watching a replay of our Industrial Revolution at warp speed." R u l e 7 Expect the Unexpected—Betty’s Story Betty speaks four languages and has an MBA from Shenzhen University. "Betty" (her