Made in China, rising
Some weeks back, I had a post on China and the cachet, or lack of it, associated with making high end or name brand goods in China. A recent post by William Lozito at NameWire linked to mine – it discusses Chinese exports and the increasing intangible value associated with the “Made in China” label.
A few quotes from his post:
The recent news that China has surpassed the US as the world’s second largest exporter
An Asian Times Online article “China’s Global Luxury Brand Workshop” notes that high end luxury brand names like Prada, Armani and Burberry are outsourcing to China.
By 2009, 60% of the world’s luxury brand will have their products made there.
I understand that at one point, “Made in Japan” was a term of derision. And NamedWire had another post, recently, discussing the improvement in quality (and reputation) of Hyundai vehicles. Reputations aren’t forever. It wasn’t that long ago that some on the right were talking about GW as being Mount Rushmore material.