16/04/2018
Good Monday to everyone! Let's start the week with some inspirational facts from the country with the 2nd biggest economy today, China.
Another big mega trend shaping China's economy is the huge Manufacturing scale.
Consumers around the world are long acusstomed to things being "Made In China". China is the world's whorkshop. It is also sometimes known as "the place where underwear comes from".
This mega trend is not just about manufacturing, it is about manufacturing scale, being a lot bigger than your competitors in the market.
China is the world's largest manufacturer with over $2.9 trillion in value-add.
If China invests heavily today in technology that will be obsolete tomorrow, it could find itself in a position of dwindling manufacturing dominance.