Wednesday, April 23, 2008

China and US at it again

The current feud is about contaminated heparin that has apparently caused 81 deaths in the United States. To a lay man it might seem like a simple issue of contamination happening at a local facility in China that has weak processes. Read this link in The New York Times
http://www.nytimes.com/2008/04/22/health/policy/22fda.html?_r=1&scp=1&sq=heparin+China&st=nyt&oref=slogin
There is an amusing paragraph in the middle: China has in recent years exported poisonous toothpaste, lead-painted toys, toxic pet food, tainted fish and now, contaminated medicine.

All this seems to be part of a larger battle to assert dominance. This is not a political blog, but the point of putting it here is that your products may suffer becuase of your country's relation with your customers' country. Judging by these events I think it might be prudent for small manufacturers to avoid certain markets altogether. In short run it might seem to be a bad business idea, but in the long term it should work out.

Moral of the story: Just because you have a market, it may not be a good idea to sell there.

1 comment:

Rockersajid said...

Hi Piyush Sir,

I want to know howcome the chinese made things in India are so cheap..specially those new china mobiles in indian market resembling so much like the iPhone.
All the best for your future blogs. I have been through the entire blog and it is indeed very informative.

Sajid