In spite of the threat of global economic slowdown, Yiwu, China’s largest distribution center for small commodities is still booming.

He Meihua, city Major, said on 20th October, “Though Yiwu’s growth rate from January to September is a little lower year-on-year, it is still astonishing.”

Because of the government’s support polices and local enterprises’ efforts to enlarge their export destinations, Yiwu’s exports in the first three quarters increased by 28 percent to 404,400 containers year-on-year.

“Though the export growth has been slower a little, Yiwu has not lost its charm. Part of the enterprises and individual businessmen do confront the difficulties.” He added.

He said, “The local government, confident of facing any challenge, will pay attention to such enterprises Read more…

Popularity: 2% [?]

beauty, global, slowdown, Threat, Yiwu

"Over the last three years, the Chinese, Philippines and Malaysia have emerged as very strong contenders in the IT-related services," Milan Sheth, partner of business advisory services and leader in technology and telecom Verticals, Ernst & Young India, told ZDNetAsia in a phone interview.

"It will be naive not to take the threat from these countries seriously," Sheth said. The Philippines, he said, has emerged as a very strong threat to India in the provision of voice-related services.

  Read more…

Popularity: 3% [?]

BPO, China Business, India, Offeshoring, Outsourcing, Threat