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Q: I have to ask ; has China got so much money it does not need to do business?
Yeah I know the f.ck witt is still here but I just had to ask
I am here on holiday and to source things that interest me to sell on the side in Australia
it gives me something to do and I get to travel a bit instead of staying put in Mudanjaing for the next 5 weeks
so far I have got the run around from 3 different company's
talk about a BCD in business
Has China now got so much money it does not need to sell anything?
I am short on patience when it comes to dealing with some of these sales people
if their Bosses only new how much business they are missing out on from smaller buyers they might rethink who they hire
The trading company's are the worst offenders
I thought back home was bad
business complains they can't sell product however they hire people who could not be bothered to do their job
maybe me and many others will have to start buying stuff in other countries
any body else find it hard to do business here?
edit _ que the Troll in the net day or so
10 years 47 weeks ago in Business & Jobs - China
Phil - The Chinese don't need your business. Sorry to say. The domestic market is so enormous here that it makes more sense to cater to the local horde than to a handful of non-hordes.
In fact, I think I read something recently that national economic policy is gonna do an about-face and focus more on the home market than exports. I mean, if you had a potential market of over 1-and-a-half billion hungry buyers in your backyard, what would you do? Sell cheese or sell chicken feet?
Awww, sh*t. Maybe I misread your question.
Red_Fox:
Ha ha! The wumao (and Siting) are out tonight! Yeah, baby! The truth hurts, hey little brother? I'd like to see some counter-arguments instead of TDs.
Traveler:
China's domestic consumption rate is one of the lowest in the world, at about 35% GDP. It's not likely to change too much in the future, as demand is still for western made products. Anybody in China with money will pay the extra for quality from the west.
China is also desperate for food from the west, as it can't feed itself, and most of the food it does produce is probably contaminated. The government admits that 30% is contaminated, so you can bet money it is higher than that.
Australia estimates food exports to China(and Asia) could rise to $2 trillion, with a recently agreed increase of 45% agricultural exports to China possibly being the first step.
Red_Fox:
Traveler - Brilliant response, backed up by facts & stats, and not vaudeville answers like mine. I am humbled and I need to do my homework. Cheers!
Welcome back, Phil. Honestly, you're better off sourcing from SE Asian countries. The Chinese seem to think they are indispensable, and that everybody has to accept their bad products.
Even if you find a decent product, the notorious Chinese quality fade will cut in after a few weeks. That's why K-Mart only buy clothing from Bangladesh now.
wagon:
Above you said the gov't admits 30% of food is contaminated. Do you have a link?
Traveler:
That was a CCTV report. However, this link has a figure for rice contamination set "officially" at 10%, and up to 60% in some areas. It also shows a few of the other food contamination scares that were made public.
www.telegraph.co.uk/news/worldnews/asia/china/8476080/Top-10-Chinese-Food-Scandals.html
i know exactly what you mean. but there is a reason for them fobbing you off. they are covering for their incompetence.
Not at all, but a lot of my foreign friends always said because I have Asian look, but native Dutch, also my girlfriend is daughter of Chinese jade jewelry in SH, so guanxi too.
Business goes extremely well last years.
I have many expatriates as clients and mainland Chinese. Woop!
But I know what you mean, that is why a lot of even famous brands in US, Europe fail in China, is a other way of doing business and attract business. I think it is culture but don't forget, it is also other way around 5-10 years ago.
Remember in The Netherlands, all Chinese companies wanna do business, manufacturing etc etc. What we said, sure only if it really really cheap. Otherwise no time to talk with you. So now the ball on court in China, so networking and a lot networking, it pays off.
As a Chinese, I think you have met some unprofessional sales persons from China manufacturers.
I'm not sure what kind of trouble you encountered while facing the sellers in China. Normally, manufacturers request a Minimum Order Quantity because their cost of shifting product line makes up a remarkable proportion of the total cost of their product.
Besides, some sales may ask some questions of your company background before quoting you prices as this is required by their superior leaders. So don't be upset.
China still has millions of small and medium-sized companies that are eager to do business with domestic and overseas buyers.
If you need to source something, you can also ask me (skype: henry.yuan79, mobile:13751361427,name:Henry). I'm now a sales in a factory in Dongguan, Guangdong. In the past, I have 6 years experience sales for international business, and 3 years sourcing merchandiser.
