Rebirth of the Industrial Tycoon

What is the charm of Made in China?

Four words, high quality and low price!

No matter what kind of commodity, as long as the Chinese make it, it will definitely become better and cheaper.

However, at the end of the 1980s, China had yet to exert this advantage, so foreign businessmen at that time naturally could not feel how high quality and low price Chinese manufacturing was. Snap

For example, the well-known sports brand Nike has long been interested in the advantages of cheap labor in China and began to set up a foundry on the southeast coast of China. However, because there were no upstream suppliers in China at that time, Nike needed to transport raw materials to China from abroad. After the basketball shoes are processed in the factory, they are shipped back to the United States to be sold. This kind of pure OEM is to save some workers' wages.

Later, China's supply chain developed, and the raw materials used in the production of basketball shoes could be purchased in China. At this time, Nike began to truly feel the charm of Chinese manufacturing.

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