Cost increases and rapidly increasing quality requirements are provoking a huge shift towards automation in China. Factories are no longer about producing acceptable quality goods as cheaply as possible using cheap labor, but rather about producing medium quality products on a large scale while adhering to increasingly strict regulations and hedging against rising labor and […]
China’s newly emerging industries will play a key role in the “new norm” economy over the next decade and drive 15% of GDP by 2020. For chemical suppliers, these emerging industries will not only present windfall opportunities, but will also attract significant competition. In this article, we will focus on one of the key emerging […]
Board members across the globe are worried about the next call with their China-based colleagues. China’s economic growth has slowed to its weakest in 24 years, and the January HSBC purchasing managers’ index (PMI) pointed at a further contraction for the second consecutive month. In this weaker economy, manufacturers have cut prices for six months […]
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