Re: Quality of Chinese weapons


"William Black" <william.black@xxxxxxxxxxxxx> wrote in message
news:__Oli.14701$oa7.7937@xxxxxxxxxxxxxxxxxxxxxxx

"Frogwatch" <dbohara@xxxxxxxxxxxxxx> wrote in message
news:1184348971.667594.195870@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

AND, one of my employees told me of the child toys from China that
contain lead paint.

The singular of data is not anecdote...

--
William Black

There was an interesting article in one of the glossy weekend magazines
t'other week - I can't cite date or publisher -. The article was
more-or-less; a (couple) of days in the life of $Somebody. He was a
middle-man between a pound-shop retailer and (Chinese) manufacturers. He
visited (at his own expense) trade fairs in mainland china contacting
vendors and organising purchases off them. With a target price of one-pound
retail (including VAT) the margins were extremely tight. The manufacturer
received something like 9.999p per item , the items were sold by the
container load (ISO multi--mode) and were paid -on the barrel- dockside at
named port -[naval content] , The middle-man paid for loading on-board,
insurance and sea borne freight to a English container then received his
payment when trucked to the vendor's warehouse. IIRC; he received something
in the region of 2.00001 pence per item but had borne all the risk for about
a month. The chancellor got 17.5p per item (sold) while the vendor had to
pay rent, insurances, wages etc from the remainder. The article ended with
$Somebody facing another long-haul flight to China , several days of
visiting trade fairs; negotiations with vendors and sleeping in low-rent
hotels .... all to keep the shelves filled with low-cost goodies.

--

Brian


.

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