Manufacturing in China
will be in a few years time not be the cheap
place as it was a few years back. Salaries, social insurances, taxes
and many other social welfare systems have already been implemented.
With this, the standard of living, especially in and around the big cities has improved and will improve further. Whereas a few years ago leisure activities where rare in China
, today this is an other matter.
sports activities including sailing is catching up fast, good products are already being build by Chinese manufacturers and / or by joint ventures. These products (boats) are bought locally at present but the learning
curve is fast here in China and soon the export of these boats will be a common sight.
Naval architects, designers, consultants and boat builders are hired to oversee productions and build a first class product.
The boats will not be "cheap" or at a 3rd of the price
because the experts are not cheap
either and a decent profit margin should be desired in any business to ensure continuity.
Who will face the biggest challenge in future? In my opinion it is the mass production boat such as Hunters, Beneteau
, and others, the first ones to feel the pinch will be the "smaller" motor
In the global world of today, it might make sense to build the mass production boats in a place like China, and the top of the line elsewhere, where know how and craftsmanship is available.
China bashing and looking back to days long gone will not get Europe
/ US any further. Here in China where I live, the changes and developments within 1 year is the equivalent of some 5 to 8 years back in Europe
and probably also in the US.
There are many improvements still necessary in China, socially and in terms of human rights no question, but in the coming years also these issues will see improvements, and Europe and the US will still then struggle with their huge debts causing social instability, misery for a large part of the population and little perspective for the young.