The One Hour China Book: Book of the Week
Steve reviews The One Hour China Book and walks through the trade tariffs, rising Chinese consumer, and manufacturing shifts every importer should understand right now.
Steve Simonson
On-air link:awesomers.com/96
Show notes
Steve covers this week's book pick, The One Hour China Book, using it as a jumping-off point to talk about the tariffs and trade tension hitting importers directly — tariffs of 10 to 25 percent, and anti-dumping duties that can run far higher.
He walks through a few of the book's trends shaping China, including urbanization, manufacturing scale, and the rising Chinese consumer, and shares a real negotiation story about a factory that simply walked away from a deal.
For anyone sourcing product from China, a fast primer on the forces behind rising costs and tougher negotiations.