Linea Intima Asia - 1st semester 2010 - (Page 92)

Market focus Asia Comparator The CHINA WAS ONCE THE CORE MANUFACTURING NATION ON THE GLOBAL MARKET. THE COUNTRY HAD A REPUTATION FOR LOW COSTS, GOOD INFRASTRUCTURE AND WAS A HAVEN FOR BIG INTERNATIONAL CORPORATIONS. HOWEVERCHINA'S RISING DOMESTIC CONSUMER MARKET AND ITS NEW EMPHASIS ON GLOBAL TRADE HAS MADE IT LESS INTERESTING FOR FOREIGN MANUFACTURING INVESTMENTS. TODAY, INDIA AND SOUTH EAST ASIA HAVE SLOWLY RISEN AND ARE BECOMING INCREASINGLY ATTRACTIVE FOR INTERNATIONAL BUSINESSES. DEZAN SHIRA & ASSOCIATES PROVIDED INTIMA ASIA’S READERS WITH THEIR IN-DEPTH ANALYSIS OF THE SITUATION. As the 21st century moves on, it has become apparent that it is not just China that is leading the way forward. The emergence of the nation has also stimulated and encouraged other Asian economies along with it. Consequently, what has over the last 10 years been largely seen as a Chinese play is now increasingly an Asian one. The emergence of other Asian economies has impacted other things as well, and as China has become more powerful, the country’s needs have changed. Some of these needs are also being driven by its neighbors, while the role of ASEAN has altered immensely . The organization now assists member nations to plot a course that will best use their strengths to better adapt the developments in the region. The positioning of both China and India, as massive giants next to each other is a case in point. They can either compete and cancel each other out, or find ways to complement each other’s capabilities and economic development. China itself has changed much in the past 18 months, and is undergoing a transitional period of fiscal policy it China's Economic Shift has not seen for 15 years. This is altering the types of investments and opportunities the country needs. Exposed by the global financial crisis as being an economy ou t o f b alance, C hina m ust n ow s hift i ts emphasis on global trade away from cheap manufacturing and instead develop its massive domestic consumer market. China has been caught out by the long perceived economic wisdom that one can’t have a thriving export market without a thriving domestic market. The cheap export driven manufacturing model that has led the Chinese economy for the past decade and a half is being replaced by a more balanced version that focuses more on a move up the value chain and an opening up of its domestic market of some billion plus consumers. China’s fiscal model, in short, is being re-calibrated, and it will take time for the country to readjust. These changes will impact the type of foreign investment, and foreign investors that are now suitable for China. Some that have been in China for a long time may find that the benefits of remaining have diminished. Others will notice that domestic market opportunities have

Table of Contents for the Digital Edition of Linea Intima Asia - 1st semester 2010

Cover
Contents
SHOP SCOUTING WORLDWIDE
- Libelula, Belo Horizonte, Brazil
- Les Nuits Blanches, Paris, France
- Lieblings, Fulda, Germany
- Nosovoski, Dnepropetrovsk, Ukraine
NEWER NOTABLES
- Huit, Singapore
- Apartment C, London, United Kingdom
- Dim, Paris, France
- Promesses, Phnom Penh, Cambodia
- Diesel Planet, Milan, Italy
TETE À TETE - Silvana Armani
EVENTS
- Salute by Wacoal
- Ming Space
- Ilsee
- Femmy Awards
- Lycra
FASHION
- Photoshoot Winter Emotions
- Lingerie Trends SS 2010
BRAND NEW
- Le Boudoir de Marie, Myriam Girard
- DimitySO, Love Love Intimates, Elle Macpherson
- Tallulah Love, JOG, Il Sistema degli Oggetti
- Miss Bikini Luxe, Moments by LingaDore
TALENT
- Virginie Rouffignac
- Eymeric Francois
FABRIC TRENDS - SS 2011 fabric trends
CATWALKS - Fashion Directions SS 2010
BUSINESS
- Cover Story - "Aimer's Success Story"
THE GUEST
EXCLUSIVE - La Perla's New Direction
EXHIBITION UPDATE - Hong Kong Mode Lingerie
MARKET FOCUS- The Asia Comparator
NETWORK EXPRESS
CALENDAR
INTERVIEW - Arnaud Limousin, Brunet International
FABRIC NEWS - Iluna, Lycra Fusion, Sensitive

Linea Intima Asia - 1st semester 2010