Ep 132 - Biggest China Manufacturing Changes of the Decade

In this episode, Rico and ChinaMike Reflects on China's Entrepreneur Landscape during the decade. They discuss different online campaigns, factory stories, lifestyle changes, security procedures, and other observations of many changes that have occured in the last 10 years.Topics incl:Crowdfunding craze, peak, plateau and currentRise of E-commerce / Drop shipping SMEsRise of Amazon FBA/ Factories Adaptation to smaller ordersChinese e-commerce sellers online local / abroadLocal online shopping off the charts / factories don’t need foreign buyers as muchRise of the Chinese economy / cost of living / lifestyle / cost of goodsRise of IOT / tech in general manufacturing / heavy government investementHeavy government investment into making factories more environmentally / socially compliant on a global scaleWestern Influence on younger generations / more interracial marriages/ factories being more educatedTrade War between US & China since Trump’s electionChina cracking down on foreigners in their countryMass Exodus of well established foreign businesses & people from china in the last 2 - 3 years