Taiwan Manufacturers Began To Build Factories In The United States.

The mainland is Taiwan's largest export destination, accounting for 26% of total exports, and the United States is the third largest exporter, accounting for 12%.

American companies such as Microsoft, DuPont, Corelle, 3M and IBM have R & D, office or factory equipment in Taiwan.

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Ceng Ruisheng, director of the China Academy of SOAS at University of London, said that if the Sino US trade war broke out, it would hurt Taiwan, because Taiwan's technology oriented consumer electronics industry was connected to China's industry as part of the global value chain.

Faced with possible losses, Taiwan manufacturers began to build factories in the United States.

Terry Gou, chairman of Hon Hai group, promised to invest US $7 billion in the United States and give priority to building factories in Pennsylvania, which is to help trump (Trump) win the presidency's manufacturing decline.

Tong Zixian, chairman of Ho sum, also said that if necessary, it is ready to expand the production line of the United States by three to five times, and he is one of the iPhone foundry assembly plants.

Quanta computer also plans to double the equipment, output and number of employees in the server assembly plants in Tennessee and California in the next three years.

Quanta is the largest laptop manufacturer in the world, and is also a supplier of DELL, Google and Facebook servers.

Taiwan's textile and footwear manufacturers have begun to shift their factories from China to China.

Bangladesh and India and other countries.

The clothing industry, Hongyuan Xingye, is expected to start production in North Carolina in March.

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At the end of last year, the Hong Kong textile factory, a brand name textile factory, closed its plant on the mainland and invested mainly in Taiwan and Vietnam. The company said that if the trump government offered preferential conditions, it would also consider weaving cloth factories in the United States.

In the campaign, US President trump said that once he was elected, he would be listed as a currency manipulator and a 35% tariff on goods imported from the mainland.

Trump said in February 23rd that he did not "shrink" from the CCP's manipulation of the currency exchange rate.

The industry is worried that there will be a trade war between China and the United States. Some analysts believe that once the Sino US trade war is launched, the Chinese Communist Party will win little.

According to the analysis report published by Geopolitical Futures (GPF), if the Sino US trade war really happens, the United States will lose the battle at the beginning, but it will win the upper hand in the end.

The report said: "the impact of US trade protectionism on China is greater than that of Beijing's retaliatory measures against the United States."

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In the past 5 years, the global tourism retail market has maintained a high growth. The tax-free market is an important part of the global tourism retail market. In 2015, its sales volume was nearly 380 billion yuan (RMB, the same below), with an average market growth rate of 18%. In 2016, it will also reach a record breaking 460 billion yuan, which will outperform the growth trend of the global luxury market.

It is worth noting that China, as the world's largest outbound country, affects the pattern of the international duty-free market.

With the upgrading of consumption, Chinese outbound tourism consumption and shopping consumption are also supporting the global tourism retail market. In 2016, Chinese luxury goods consumed abroad amounted to 630 billion yuan, and together with the domestic market, Chinese people bought 46% of the world's luxury goods.

Zhou Ting, Dean of the Institute of wealth and quality, believes that the luxury brand can not only stay in the "Chinese market" but also focus on the increasingly strong "Chinese consumer market". In the face of the continuous development of Internet technology, the concept of "Chinese consumer market" will replace the "Chinese market" concept. "Chinese consumers" will be more important than the "Chinese market".

Zhou Ting said that the change of this trend will change the global development strategy of luxury brands. The future is not a single plan for the Chinese market, but a global synergy in production design, product pricing, market promotion, retail channels, e-commerce, logistics and distribution, and "global luxury price integration" will be a key trend in the luxury industry.

In fact, the development of Internet and new technology is constantly reducing the global price gap of luxury goods, making it possible for "global orders and global distribution". Planned consumption after making appointments, consumption and on-demand customization will also become a trend.

In the future, the Internet of luxury retailers will also be an industry trend.

The Institute of wealth quality predicts that the total retail sales of luxury goods related to the Internet will account for 11% of the total sales of luxury goods in 2017, and online pactions will be much larger than offline sales.

The Internet of luxury retailers will become the biggest growth point of the luxury market in the future.

For more information, please pay attention to the world clothing shoes and hats and Internet cafes.