The Truth About China AsiaInspection Barometer - Q1 2013
Of the world’s goods now come from Chinanews.thomasnet.com/IMT/2013/03/14/china-widens-lead-as-worlds-largest-manufacturer
In 2012 their manufacturing output reached    $2.9 Trillion USDnews.thomasnet.com/IMT/2013/03/14/china-widens-lead-as-worl...
That’s…   20% more                                           than the US ($2.43 Trillion)news.thomasnet.com/IMT/2013/03/14...
If you were to fly that moneyto the US in $100 bills you’d need 45 Airbuses
There are talks ofmanufacturing returning  to the West, but…
US manufacturing   output dropped     in Jan 2013                                                               -0.4%Sourc...
US imports from     Asia increased      in Jan 2013                                                                  +23%S...
And the EU also saw  a big decline inmanufacturing output    in Jan 2013                                                  ...
Western brands say that   they want to bringmanufacturing "back home"
committed to invest                             US$50 billion  in “Made in America” products over the next 10 yearshttp://...
But this only amounts to   0.93%   of their total sales
So can the West really     compete?
China is predicted to be the worlds            BIGGEST                         economy by 2016Source: http://www.oecd.org/...
but…quality & safety  can be hit and miss
16,000                            diseased pigs           were dumped in Shanghai’s             drinking water in MarchSou...
It’s hard to visualize that many pigs…HHHH    But if they were to line up, they’d cover                28.8km
The scariest part is…HHHH                                                 $ Underground traders buy pigs thathave died fro...
There is a silver lining though…   In Q1 2013 Inspections of Food and      Food Packaging items surged                    ...
And overall inspections performed in            China increased                                          +27%Source: AsiaI...
But is it enough?
Factory Fires in Asia killed               HUNDREDS          in the past few monthsSource: http://www.cleanclothes.org/res...
Usually because the windows were   barred and people couldn’t escapeSource: http://www.cleanclothes.org/resources/ccc/work...
“The only safeguard for workers and   brands is to ensure business isconducted only with factories that meet     or exceed...
Source: AsiaInspection Internal FiguresManufacturing growth in Asia is booming despite these challenges and China is      ...
The Truth about China?   It’s going to be hard to catch…
AsiaFoodInspection is powered by Silliker andAsiaInspection, as the leading provider for food safety andquality control se...
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The Truth About China

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This quarter's AsiaInspection Barometer dives deep into the the current state of affairs in manufacturing and trade across the globe, with a special focus on the US and China.

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The Truth About China

  1. 1. The Truth About China AsiaInspection Barometer - Q1 2013
  2. 2. Of the world’s goods now come from Chinanews.thomasnet.com/IMT/2013/03/14/china-widens-lead-as-worlds-largest-manufacturer
  3. 3. In 2012 their manufacturing output reached $2.9 Trillion USDnews.thomasnet.com/IMT/2013/03/14/china-widens-lead-as-worlds-largest-manufacturer
  4. 4. That’s… 20% more than the US ($2.43 Trillion)news.thomasnet.com/IMT/2013/03/14/china-widens-lead-as-worlds-largest-manufacturer
  5. 5. If you were to fly that moneyto the US in $100 bills you’d need 45 Airbuses
  6. 6. There are talks ofmanufacturing returning to the West, but…
  7. 7. US manufacturing output dropped in Jan 2013 -0.4%Source: http://www.federalreserve.gov/releases/g17/20130215/
  8. 8. US imports from Asia increased in Jan 2013 +23%Source: http://www.zepol.com/BLOG/post/2013/03/15/US-Customs-Trade-Data-February-2013-Import-Update.aspx
  9. 9. And the EU also saw a big decline inmanufacturing output in Jan 2013 -1.7%Source: http://www.tradingeconomics.com/euro-area/industrial-production
  10. 10. Western brands say that they want to bringmanufacturing "back home"
  11. 11. committed to invest US$50 billion in “Made in America” products over the next 10 yearshttp://www.reuters.com/article/2013/01/15/us-walmart-us-idUSBRE90E0MB20130115
  12. 12. But this only amounts to 0.93% of their total sales
  13. 13. So can the West really compete?
  14. 14. China is predicted to be the worlds BIGGEST economy by 2016Source: http://www.oecd.org/eco/surveys/economicsurveyofchina2013.htm
  15. 15. but…quality & safety can be hit and miss
  16. 16. 16,000 diseased pigs were dumped in Shanghai’s drinking water in MarchSource: http://www.guardian.co.uk/world/2013/mar/29/dead-pigs-china-water-supply
  17. 17. It’s hard to visualize that many pigs…HHHH But if they were to line up, they’d cover 28.8km
  18. 18. The scariest part is…HHHH $ Underground traders buy pigs thathave died from disease and sell themSource: http://english.peopledaily.com.cn/90882/8191519.html
  19. 19. There is a silver lining though… In Q1 2013 Inspections of Food and Food Packaging items surged +212%Source: AsiaInspection Internal Figures
  20. 20. And overall inspections performed in China increased +27%Source: AsiaInspection Internal Figures
  21. 21. But is it enough?
  22. 22. Factory Fires in Asia killed HUNDREDS in the past few monthsSource: http://www.cleanclothes.org/resources/ccc/working-conditions/fatal-fashion
  23. 23. Usually because the windows were barred and people couldn’t escapeSource: http://www.cleanclothes.org/resources/ccc/working-conditions/fatal-fashion
  24. 24. “The only safeguard for workers and brands is to ensure business isconducted only with factories that meet or exceed safety standards” Sebastien Breteau, CEO of AsiaInspection
  25. 25. Source: AsiaInspection Internal FiguresManufacturing growth in Asia is booming despite these challenges and China is branching into new areas Industrial & Food Body CareMechanical Items Products Products+42% +212% +36%
  26. 26. The Truth about China? It’s going to be hard to catch…
  27. 27. AsiaFoodInspection is powered by Silliker andAsiaInspection, as the leading provider for food safety andquality control services in Asia.400+ experts on the ground and 3 accredited labs in Chinaallow AsiaFoodInspection to address all food safety needsat the source.Contact Us: press@asiainspection.comVisit Us: http://www.asiafoodinspection.com
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