Whilst the economic statistics are presumably flawless, little account is taken of the actual base line from which the recent super growth began.
I began my advisory career with Price Waterhouse, touring scores of factories, and thus feel reasonably qualified to date the design, processes, and controls of the 2001 factory as being the Western equivalent of immediate post war build - i.e. the early 1950s. This arose presumably through a lack of access at that time to Western technology and advice.
The same Company has built a replacement factory, which has doubled the previous capacity of the factory, and filled it with state of the art equipment and technology. Apart from drastic improvements to the working environment, the productivity shift is exponential.
|Arches to rival the world in downtown Beijing
It is unreasonable however to expect that growth rate to continue because the maths simply does not work; 10 years from now the technology cannot possibly be a further 80 years ahead!
So expect a slow down relative to the previous base lines, but the forward pace will still be far faster than what Europe can even dream of at present. Anyone waiting for the big economic fall of
may end up with only
statistics for comfort and find themselves in very much the wrong market! China
|Supercars few and far between
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