If you’re considering doing business in China, do yourself a favor and spend a few minutes with Kevin O’Marah’s new blog post, “Six Reasons to Worry About China in Your Supply Chain.”
After carefully making the point that it’s China’s government –and not its people –that is the root cause of the problems, O’Marah outlines a half dozen reasons why anyone who is thinking about major investments in China needs to proceed with caution.
Weigh the pros and cons carefully, he explains, because doing business in China is definitely a mixed bag.
There’s no doubt that China offers some significant advantages. “China is a great market to sell into and a fantastic source for everything from steel to t-shirts,” O’Marah says.
But, there are considerable risks, as well. Capricious trade rulings, rampant IP piracy, product health and safety concerns… the list goes on and on. In short, China can be a supply chain professional’s worst nightmare. From O’Marah: (more…)