Tuesday, July 22, 2008

YES ! Business is "very good".......

for many traders and others - because the "china visa" regulations are helping a lot to destroy small companies - especially small companies on the mainland - here some lines for better understanding - the full report in the link below:
quote
However, some Western brands are struggling to get their quality-assurance inspectors into the country to meet their corporate social-responsibility requirements, said Paul French, chief China analyst at market-research firm Access Asia.
"When you are ordering half a million leather jackets, you need someone to come and check they have two arms," Mr. French said.
A mass of lost orders could prove fatal for China's textile companies, two-thirds of which operate on profit margins of 1.5 percent or less.
The China Council for the Promotion of International Trade declined to comment on the impact of the visa regulations on the country's exporters, citing "the special conditions we are facing now, especially with the Olympics so close."
unquote
http://www.washingtontimes.com/news/2008/jul/21/games-are-no-fun-for-traders/

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