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The Truth About China

 AsiaInspection Barometer - Q1 2013
Of the world’s goods now come from China



news.thomasnet.com/IMT/2013/03/14/china-widens-lead-as-worlds-largest-manufacturer
In 2012 their manufacturing output reached

    $2.9 Trillion USD

news.thomasnet.com/IMT/2013/03/14/china-widens-lead-as-worlds-largest-manufacturer
That’s…



   20% more                                           than the US ($2.43 Trillion)




news.thomasnet.com/IMT/2013/03/14/china-widens-lead-as-worlds-largest-manufacturer
If you were to fly that money
to the US in $100 bills you’d need




 45 Airbuses
There are talks of
manufacturing returning
  to the West, but…
US manufacturing
   output dropped
     in Jan 2013
                                                               -0.4%

Source: http://www.federalreserve.gov/releases/g17/20130215/
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
And the EU also saw
  a big decline in
manufacturing output
    in Jan 2013
                                                                      -1.7%

Source: http://www.tradingeconomics.com/euro-area/industrial-production
Western brands say that
   they want to bring
manufacturing "back home"
committed to invest                             US$50 billion
  in “Made in America” products over the next 10 years




http://www.reuters.com/article/2013/01/15/us-walmart-us-idUSBRE90E0MB20130115
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 2016


Source: http://www.oecd.org/eco/surveys/economicsurveyofchina2013.htm
but…


quality & safety
  can be hit and miss
16,000
                            diseased pigs
           were dumped in Shanghai’s
             drinking water in March


Source: http://www.guardian.co.uk/world/2013/mar/29/dead-pigs-china-water-supply
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 that
have died from disease and sell them

Source: http://english.peopledaily.com.cn/90882/8191519.html
There is a silver lining though…


   In Q1 2013 Inspections of Food and
      Food Packaging items surged

                                  +212%
Source: AsiaInspection Internal Figures
And overall inspections performed in
            China increased

                                          +27%
Source: AsiaInspection Internal Figures
But is it enough?
Factory Fires in Asia killed
               HUNDREDS
          in the past few months


Source: http://www.cleanclothes.org/resources/ccc/working-conditions/fatal-fashion
Usually because the windows were
   barred and people couldn’t escape




Source: http://www.cleanclothes.org/resources/ccc/working-conditions/fatal-fashion
“The only safeguard for workers and
   brands is to ensure business is
conducted only with factories that meet
     or exceed safety standards”
         Sebastien Breteau, CEO of AsiaInspection
Source: AsiaInspection Internal Figures



Manufacturing growth in Asia is booming
 despite these challenges and China is
       branching into new areas




  Industrial &        Food                 Body Care
Mechanical Items    Products                Products



+42%               +212%               +36%
The Truth about China?


   It’s going to be hard to catch…
AsiaFoodInspection is powered by Silliker and
AsiaInspection, as the leading provider for food safety and
quality control services in Asia.

400+ experts on the ground and 3 accredited labs in China
allow AsiaFoodInspection to address all food safety needs
at the source.

Contact Us: press@asiainspection.com
Visit Us: http://www.asiafoodinspection.com

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The Truth About China

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