QUOTE(MGM @ Mar 26 2017, 07:22 PM)
So all local biz can close shops la?
won't be all shops la, doing trading kind of biz feel the heat
until more & more ppl buy online
and keen buy from lazada-taobao
ranging from home appliances to fashion and all zhapalang
then the deep impact will be felt very soon
i would say household items, furniture industry will feel the pain very soon, retrenchment may also raise or NO need hire more foreign workers if less orders received. those heavily doing export to europe/western should feel safer.
for mr.diy kind of product range, if buyer need buy in multi and the shipping rate is flat, then they also need to worried. guess the group expansion will slow down.
This post has been edited by coolstore: Mar 28 2017, 12:52 PM