For many SMEs in China, 2008 has proven a disastrous year. Thousands upon thousands closed for soaring costs of production, mainly in materials and labor. The declining needs of overseas market are accompanied by the continuous rise in RMB. All signs seem to tell one fact - winter is coming.
What to do to help the [...]
Shenzhen, a booming city on the south coast of China, near Hong Kong, wishes to add to its high-tech export with the aid of e-commerce.
Affected by the recent global slump, Shenzhen’s local businesses, mostly SMEs heavily relying on export, are in a hard time to boost revenues as usual, meanwhile with keeping costs down becoming [...]
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