Made in China is one of the most recognizable labels in the world today due to the large manufacturing industry poweress of China. I would call this as a false market to invest but then that is the reason why I ant a big money consultant. This country is the largest exporter in the world and the made in china label can be seen on a huge range of products from a pin to plane. False false and morphed market for me. But who am I to call the Great walled country a morphed economy.
I hail from India which too many is an automatic reason why i should hate china. But why should i hate china, i too prefer goods that are sold to me at prices that are lucrative. Hence i decline to see that argument and fail it. I question china's credentials because they don't seem to put in their brain when replicating products what other’s having spend billions and years to get too. My understanding was given an affirmation when i read a recent article which says that Indian students when they copy in an examination can't Xerox an answer and always the student who copies get more marks than the student whose paper was copied, where as Chinese students replicated it to perfection. Isn't it funny... Chinese have taken the world by storm by copying the things and producing them at Nano's price.
The whole world on one hand enjoys the prices of Made in China but at the same time looks at it with suspicion. Look at Apple -- they label their products with "Designed by Apple in California Assembled in China" to indicate that even though the products are made in China, the original design was from the US. Now this act have meant that Chinese use 'Made in India' instead of 'Made in China' to sell products to western world. The answer to this shift is simple -- India sells on it name beyond any country would. India is considered as a market that can produce superior goods at affordable prices thanks to the volume of people it has. In manufacturing terminologies India is called the BCCS (Best cost country for sourcing) & China is called LCCS (Low cost country for sourcing).
To be frank even we Indian's didn’t realize this act of China until the recent 2009 June scandal (large consignment of fake anti-malarial generic pharmaceuticals sold to Nigeria) produced in china but labeled as 'Made in India'. Mind you exports from China are directly under the surveillance of Chinese government. No second guesses why India is targeted by China. To play and calm India would further strengthen Chinese position in the world. Morphed position which i am sure in 5-8 years time will be stripped. In times to come i would urge China to be proud of 'Made in China'themselves first. These cheap acts are a further testimony to my reasoning that china doesn't believe in itself and sees the bubble will burst sooner rather than later. With brasil, mexico also claming stakes rapidly for LCCS and subsequently for being BCCS - China needs to dweal upon 'Made in China'.. I would say innovation will make the difference, but a legal one. Students need to learn the art from schools - art of Innovation ;)
3 comments:
Possibly your point could be right !
But time will only tell us whats the truth !
acknowledged...only time will tell but innovation is here to stay
ee chavaru vayikanum alundallo...daivame..
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