Oghamsourcing Articles

China and the Chinese.. What a recovery!!

I have just finished reading a terrific book at the weekend.  It’s called Wild Swans, written by a Chinese lady named Jung Chang.  The book tells the Story of China  from the late 1800′s to the late 1900′s through the lives of a Grandmother, Mother and Daughter.  It gives an insight to how the country was brought to it’s knees and worse by Chairman Mao and his coterie of underlings, and gives some detail on the destruction, the hardship, famine, killings and more that were the norm under his reign. The scary part about this is that it continued right up through the 1960′s and into the 1970′s.  Not that long ago!

However after his death, in 1976, Deng Xiaoping led the recovery of the Country by opening trade with the west, and what a recovery China has made in the short number of years since.  The Chinese now have a country with Growth of 6-8%, unheard of practicfally anywhere else in the world at present.  So from a standing start in the early 80′s China is now a world leader.  Size and population are significant advantages, and the Government are making best use of both assets to ensure the continued growth.

How can your business use the Chinese recovery to the best advantage?  China is growing its imports at  present, so it is a good time to look at exporting to China.  Conversely, China is a low-cost-labour environment, so businesses may be in a position to look to China to source raw materials or sub-assemblies for their products, or even to consider outsourcing aspects of their businesses to reduce costs.

China can bring opportunities to many businesses, and Ogham Sourcing Ltd, and Irish Company with a permanent office in Shenzhen, China is well positioned to assist Irish and UK businesses who want to conduct trade in China.  Our Irish Manager and Chinese Team has many years of experience working in and working with Chinese businesses and are ready to assist with Export, Import and Outsourcing projects.