From The Editor: A Chinese Desk In Washington
From The Editor
A Chinese Desk In WashingtonThe other day, someone suggested that Textile World Asia should seek out a certain Chinese desk in Washingtonas a source for China-related textile news. Presumably, the persons coded message referred to the U.S. Department of Commerce, which regularly releases data on U.S. trade with China, and not really a made-in-China desk found in the nations capital. Nonetheless, the phrase Chinese desk in Washingtongot this editor thinking: These days, one is hard-pressed to find a consumer product that China does not produce, let alone a desk. Moreover, China can produce it cheaper than everyone else! So, does this spell the end of manufacturing for other nations, especially those in the same Asian region? Will market protection offer any relief?The answers are no and no. In the case of textiles, the newly imposed restrictions on Chinese imports by the U.S. and E.U. will push buyers to maintain a diversified sourcing strategy. However, manufacturers in competing nations cannot simply expect market barriers to save their industries either. Instead, these competitors should focus their resources on things that improve their businesses technology upgrades, human resources development, entrepreneurial thinking, effective rule of law, financial transparency in other words, tried and true factors that make a business successful.Just take a look at the two countries highlighted in this issue: Turkey is venturing into nonwovens and Hong Kong has long been supplying more than just cut-and-sewn garments. More importantly, both see a positive future.Carmen Pangcpang@TextileWorldAsia.com
July/August 2005
A Chinese Desk In WashingtonThe other day, someone suggested that Textile World Asia should seek out a certain Chinese desk in Washingtonas a source for China-related textile news. Presumably, the persons coded message referred to the U.S. Department of Commerce, which regularly releases data on U.S. trade with China, and not really a made-in-China desk found in the nations capital. Nonetheless, the phrase Chinese desk in Washingtongot this editor thinking: These days, one is hard-pressed to find a consumer product that China does not produce, let alone a desk. Moreover, China can produce it cheaper than everyone else! So, does this spell the end of manufacturing for other nations, especially those in the same Asian region? Will market protection offer any relief?The answers are no and no. In the case of textiles, the newly imposed restrictions on Chinese imports by the U.S. and E.U. will push buyers to maintain a diversified sourcing strategy. However, manufacturers in competing nations cannot simply expect market barriers to save their industries either. Instead, these competitors should focus their resources on things that improve their businesses technology upgrades, human resources development, entrepreneurial thinking, effective rule of law, financial transparency in other words, tried and true factors that make a business successful.Just take a look at the two countries highlighted in this issue: Turkey is venturing into nonwovens and Hong Kong has long been supplying more than just cut-and-sewn garments. More importantly, both see a positive future.Carmen Pangcpang@TextileWorldAsia.com
July/August 2005
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