They are one of the most underpaid workers in the world and yet, they are right on top. With substandard conditions to work and about 1/7th of the world's population they have managed to scale the big economies of the world and went ahead. Such is the class of China's work force that they are at the very top of the world economy. In fact, it has helped many to become millionaires. Ruslan Kogan is one man who would vouch for it.
Pick up anything in the consumer electronics world and chances are it has got a stamp of Made in China. Check on the back of an Apple iphone. It says Designed by Apple in California, assembled in China. Each cargo ship that goes to Chinese Harbors carry empty, Yes, empty containers and take with them loaded shipments to cater the needs of the world. All Good.
We have a saying "if it works, you can reach the moon else it's won't even survive the evening." I am talking about the Chinese market. Which has perfected the art of creating replicas which are sometimes may fool the eyes of the manufacturers.
This is something over which they have started to lose a bit of credibility. There is no innovation but cheap imitations of famous brands.
At this rate, there would be a day when there would be replicas sold by the company owners and the real ones will be offered by black marketers and hoarders. It is already a big problem in the world of trademarks and Intellectual Property rights and the stubbornness of Chinese authorities is making it more difficult of companies to claim what is rightfully theirs.
Pick up anything in the consumer electronics world and chances are it has got a stamp of Made in China. Check on the back of an Apple iphone. It says Designed by Apple in California, assembled in China. Each cargo ship that goes to Chinese Harbors carry empty, Yes, empty containers and take with them loaded shipments to cater the needs of the world. All Good.
We have a saying "if it works, you can reach the moon else it's won't even survive the evening." I am talking about the Chinese market. Which has perfected the art of creating replicas which are sometimes may fool the eyes of the manufacturers.
You will see beautiful watches from Rolex, Omega, Cartier and what not. Last year, there were stories of fake apple store which even fooled the employees. This time around there is an exact copy of Ferrari's LaFerrari(limited to 499, all sold).
This is something over which they have started to lose a bit of credibility. There is no innovation but cheap imitations of famous brands.
At this rate, there would be a day when there would be replicas sold by the company owners and the real ones will be offered by black marketers and hoarders. It is already a big problem in the world of trademarks and Intellectual Property rights and the stubbornness of Chinese authorities is making it more difficult of companies to claim what is rightfully theirs.
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