Wachovia68
|
28-3-2012 00:54 |
Reply #3625 SEAJ's post
"And I don't know if you are aware of Chinese Economics 101 or not - but at times when demand is slow, many a business owner would hold steadfast or even raise their pricing - the logic being that if there's so much less business, then one needs to charge more to make up for the lost earnings! "
Wahahahahaha....you totally cracked me up with this one. I've never heard of it but now that you mentioned it, I can totally see businesses in China operating this way. I remembered something that ppl posted on this board about how business ppl in China just want to make the money here and now...as opposed to thinking longer term about repeat customers, etc.
Cheers to Chinese Economics 101! | |
| SEAJ |
28-3-2012 15:35 |
Karma +1 |
Yes, these days too many Chinese biz-men just too short-sighted. Sigh..! |
All times are GMT+8, the time now is 26-11-2024 06:33
Disclaimer: This forum is operated as a real-time bulletin board system. 141CLUB.COM carries no legal liability on its contents. All messages are solely composed and up-loaded by readers and their opinions do not represent our stand. Readers are reminded that the contents on this forum may not convey reliable information thus it is readers' own responsibility to judge the validity, completeness and truthfulness of the messages. For messages related to medical, legal or investment issues, readers should always seek advice from professionals. Due to the limitation of the forum's real-time up-loading nature, 141CLUB.com is not able to monitor all the messages posted. Should readers find any problems regarding the messages, do contact us. 141CLUB.COM reserves the rights to delete or preserve any messages and reject anyone from joining this forum. 141CLUB.COM reserves all the legal rights.
