Review The History Of Cheap And Finished Shoes Start And End

Because China seems to have unlimited supply of cheap labor, China has long been the world's factory, China.

There are many kinds.

Low wages are an important reason for China's pformation into the world's second largest economy, but China's labor cost advantage is rapidly disappearing.

Shaun, author of "the end of China's cheap goods"

Rein pointed out in his book that he believes optimism about the economic outlook will lead to a gradual improvement in the standard of living of the Chinese people.

Chinese workers will ask for higher wages, and consumers want better quality footwear.

Chinese consumers have reason to be optimistic about their future.

Unlike in 1990s, there are many job opportunities for young urban residents.

In Rein's writing, Chinese contemporary women have become the most promising people. Chinese women earn more than half of their family income. In 1950s, women accounted for only 20% of household income.

For western consumer company, Chinese women will be an attractive market.

Rein knows Chinese consumers very well. She is executive director of China market research group, based in Shanghai, which gives apple,

Provide advisory services to customers such as KFC fried chicken.

The book was completed in just three months, most of which came from interviews with Chinese executives, billionaires, migrant workers and prostitutes during Rein's work.

Know who they are and what their dream is.

Although this book is full of cases of western enterprises developing market in China, Rein's optimism mainly comes from personal experience rather than economic analysis.

Rein seems a bit too optimistic, though he also pays attention to corruption, health care and education system.

The fact is that China's economy is largely driven by exports.

The reason why Chinese consumers are more willing to save rather than consume is the lack of adequate social security system in China.

In any case, this book is well worth reading for those interested in Chinese economy.