Any who follow the global economy could be close to a lively and economic prosperity in Southeast Asia 90 years of the 20th century, the robustness of ecstasy. In the meantime, if we consider from the current 1980 is Malaysia, Thailand, Singapore, Taiwan, South Korea, Indonesia, that economic growth track, in the major players in the global economy, because these countries have been magnets for foreign investment around the world, especially in technology, engineering andE. They are known as the "Asian tigers."
These fell to the foreign investment, mainly to the protection of the local government to attract investment, low labor costs and other local factors. They have been using the technology-oriented with excitement at this time, especially in digital technology. I believe every company should take advantage of technology, digital information superiority, because the demand and the future is unlimited. Operating under the premise thatAssuming that every piece of information can, movies, news and other information, digitalization. Therefore, from all over the world the construction of manufacturing facilities as a productive part of the battle is already profitable. In Asian countries, the lowest production costs, the company to remain competitive, will be set here. Thus, the economy in the host country relations.
The presence of foreign manufacturers, coupled with the exportPolicy direction of the host government's favor, because it believed that foreigners could help the expansion of seed and local players. Therefore, many local enterprises have been established and become a part of the production chain. And to further strengthen state subsidies distributed to local company's competitiveness, but with a better foreign partners work closely together. Many of these concessions leased to foreign companies and local actors, the debtAre less likely to support only the manufacturer or downstream of the supporters, the company's flagship. Therefore, they concern "technologyless industrialization" is a very clear question and propose a new world economic recession. As Buffett said, "If the reduction in water flow, which is found in a free pants was arrested.
Another concern is that local manufacturers are now faced with a foreign hedge manufacturer.China since 2003, the world has with India also magnet, as two attractive low-cost targets for the world economy. In Dalian, Shenzhen, Kuantong, Shanghai and other stakeholders of the Business Park have asked foreign investors, because it is convenient to the mass market, reasonably priced and all of the above compounds. But the instability and because of the renminbi-dollar exchange rate cause for concern, the trade surplus, may restrict U.S. trade with China. Low qualityControl, the nearest recalled toys, pet food and so on, including foreigners, or the best, reluctant to cause any investment in China. Through these reasons, many manufacturers are still in other Asian countries or in part, terminate its work in China, but still require the technical and development or high end of the chain in Southeast Asia. The last reason is the inventor of the main issues, as the lack of the flagship company of intellectual property rightsChina attracted a great deal of preservatives.
So the question is now production growth trends continue? This is a very worrying the latest developments in the United States and Europe, slowing demand in developed countries such as Russia, Brazil, Vietnam and Cambodia, the emergence of other competitors. Since these countries can produce low-cost, high-quality labor force, agglomeration economies (such as Intel, Motorola and the presence of large companiesIn these countries, Samsung), is (or kitten as a steady growth in the Asian economic powers of the challenge is not fantastic compared to) a few decades ago, is enormous.
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