Over the next decade we could be witness to a massive transfer of wealth from one side of the world to the other. We in the West will get relatively poorer, while people elsewhere in the world are getting richer. That sounds depressing but it is not all bad news. Many of our best companies thrive on overseas sales. Great manufacturing companies such as RENISHAW (RSW) and XAAR (XAR) make a high proportion of their sales in China. BURBERRY (BRBY) is opening Asian branches as fast as it can to sell its iconic check scarves. Our drug companies, banks and insurance companies are all striving to serve the needs of the world’s nouveau riche. And while we do our best to export goods to the world’s developing economies, their people are eager to come over here. I don’t see that changing in the aftermath of the looting and skirmishes in recent days. The Chinese in particular have a thirst for travel. Just imagine what it must have been like to live under the Maoist regime. No … [Read more...] about London: the world’s ultimate luxury product
Last year marked the tenth anniversary of the end of global textile and apparel quotas under the Multi-Fiber Arrangement on Jan. 1, 2005, which unleashed powerful forces of consolidation of the supplier base. During this period, China’s market share of the U.S. total apparel imports rose from 14-36 percent. On some “sensitive categories,” the increases in the shares of the U.S. market were even more striking: e.g., from 3-23 percent for woven shirts and from 2-22 percent for knit shirts. The popular question on a lot of people’s mind in the sourcing world today is: Will China lose its market share due to rising labor costs? Will there be massive migration of textile and apparel-making capacities to new emerging economies which offer lower labor costs? If we try to continue in the old ways of manufacturing and not transform ourselves, then we have no choice but to move garment operations from China to so-called “low-labor-cost” countries. … [Read more...] about Will China Lose its Market Share Due to Rising Labor Costs?
[STK][IN] CPR CSE[SU] PDT-- WITH PHOTO -- TO BUSINESS, AND TECHNOLOGY EDITORS:Feiyu Introduces the G6, Providing Perfect Vision in One HandGUILIN, China, April 19, 2018 /PRNewswire/ -- When it comes to actionvideos, most outdoor enthusiasts are familiar with recording all theirexciting moments with GoPro action cameras. The crucial part of actionfootage is its stability and the secret of stability is a goodstabilizer. From G4 to G5, Feiyu's gimbal stabilizers have become thefirst choice of extreme sport fans due to its excellent performanceand stability. Now, G6, the new action stabilizer of the G series, isbeing launched on 16 April.Record perfectly with Feiyu G6The G6 gimbal stabilizer has updated hardware and software. To beginwith, it comes with WiFi+ bluetooth, which, when connected to GoProaction cameras, will allow users to switch modes and adjust theparameters of the camera with one click of the side screen key.Second, the Feiyu new G6 stabilizer also comes with the … [Read more...] about Feiyu Introduces the G6, Providing Perfect Vision in One Hand
The keto diet has been tied to reported health benefits such as weight loss and improved cholesterol, but it’s safe to say that this high-fat and low-carb eating plan isn’t for everyone, especially since it’s known for its fair share of potential downsides. The high-fat intake of the keto diet, for example, can be more than problematic for some, as registered dietitian Staci Gulbin, MS, MEd, RD suggested that consuming too much fat can cause digestive distress if you aren’t careful. With this in mind, she said you may want to consider getting off of the diet, especially if you clearly aren’t receiving any health benefits from it after so long. “I think the major reason a person should wean off the keto diet, or any special diet for that matter, is if they are no longer receiving health benefits from it,” Gulin told INSIDER “This is why it is important to understand that although some people may greatly benefit from the keto diet, no diet … [Read more...] about 7 tips to make going off of keto easier
M.C. Escher fans, rejoice: You can now stay inside a hotel that brings the artist’s trippy visual illusions to life through its interior design. The hotel, called The Other Place in Guilin, China, tapped Chinese architecture firm Studio 10 to renovate two guestrooms in Escher’s style–and the photos don’t disappoint. Images show staircases coming out of the walls, making it hard to tell the difference between the floor and ceiling. One room, called Dream, is painted faint colors like pale pink, minty green, and white, while the other, called Maze, is a vibrant forest green with gold accents. Stairs sprout from the walls of both rooms, leading nowhere. Each feels like the iconic game Monument Valley, incarnate. To ensure that the spaces feel as otherworldly as possible, the architects hid all of the practical elements of each room–like outlets and light switches–behind small doors. Opening one might make you feel like you’re in Wonderland, even … [Read more...] about This M.C. Escher-inspired hotel is Instagram gold