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Essay text:
Along with minimum income tax and social costs giving China a solid competitive position.
• Producing the same product in China was up to 30 per cent cheaper compared to North America.
• China offered cheaper supplies including leather, wood, foam, and packaging.
• -Threat: Increased Competition: America, Japanese, and Italian firms had established factories in China. Strong competition that will compete for the same skilled employees.
• -Threat: Chinese language and cultural barriers.
Industry Attractiveness: China has made significant progress in the furniture market and will likely continue to see further growth due to its low labour costs and low tariffs making this a very attractive market for Palliser...
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