“You would be naked if you took off all made in China goods”, I couldn’t agree more with this statement.
As we all know, China is the most gigantic manufacturer country in the world. Undoubtedly, Chinese market has a very high growth potential, specifically in retail and ecommerce areas. Recently on November 11, which was so-called Singles’ Day in China, Tmall, China’s biggest online shopping company, generated more than $5.75 billion in the online payments system. The record surpassed by more than two times the total for American online retailers on Cyber Monday last year!
Due to a sweet smell of success in China, many global players long for entering into the market to earn the biggest stake. Still, it is not easy to run a business in China, according to strict regulations and size of the country which bring about challenges for logistic strategy. Here are some tips from David Panitz, the…
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