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Any company who's primary source of revenue is China-based from the USA today can expect a major slowdown simply due to China's economy retracting in a big way. That's business. The company would then need to find other customers as sources for their product purchases. If they do not, then they face your friend's business of closing down. Come & Go, that's what businesses do, based only on their plans. Poor planning isn't Gov's responsibility as far as their company operations go.
If that business is having your friend close them down, it's too late for any corrections, decision has been made. Whomever their competition is/was now has potential for a boost to their revenues. Hoping they're USA based.
You are making very good points. Trade needs to be viewed from the prospect of risk:
Country risk
Buyer risk
Transport risk.
Should risk materialise: What mitigating solutions do you haven place? Isyour current portfolio diversified enough from a risk concentration perspective.?
Maybe should've mentioned that gov had indeed inflicted market damage to their local market. However, the other day, Mr. Trump reversed all of Zero's restrictions. But, probably too late for that business. Good start up opportunity today.....I hear he may have the equipment to do that.
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[–] PtCPt 0 points 8 points 8 points (+8|-0) ago
Any company who's primary source of revenue is China-based from the USA today can expect a major slowdown simply due to China's economy retracting in a big way. That's business. The company would then need to find other customers as sources for their product purchases. If they do not, then they face your friend's business of closing down. Come & Go, that's what businesses do, based only on their plans. Poor planning isn't Gov's responsibility as far as their company operations go.
If that business is having your friend close them down, it's too late for any corrections, decision has been made. Whomever their competition is/was now has potential for a boost to their revenues. Hoping they're USA based.
[–] redtoe_skipper 0 points 1 point 1 point (+1|-0) ago
You are making very good points. Trade needs to be viewed from the prospect of risk:
Country risk
Buyer risk
Transport risk.
Should risk materialise: What mitigating solutions do you haven place? Isyour current portfolio diversified enough from a risk concentration perspective.?
[–] dudleydoright [S] ago
The business was making incandenscent bulbs.
[–] PtCPt 0 points 1 point 1 point (+1|-0) ago
Maybe should've mentioned that gov had indeed inflicted market damage to their local market. However, the other day, Mr. Trump reversed all of Zero's restrictions. But, probably too late for that business. Good start up opportunity today.....I hear he may have the equipment to do that.