Monday, November 06, 2006

Of smog, cheap factory workers and limited growth models

One of the odder press release editorials we have seen recently comes from a Portland, OR-based company called China Grabber. The company describes China as "a planet of factories, smog and cheap factory workers. And, oh yea, trade companies that have websites".

It then goes on to suggest that the existing sourcing sites have "limited growth models of sourcing sites". Try telling that to Merle Hinrichs and Jack Ma.

China Grabber concedes that it presents a limited product range but believes that its secret weapon is online payment. They may not have heard of the Global Sources Direct product which links them into e-Bay for the types of transactions where completion online is desired or desirable - not that many in the current B2B environment it turns out.

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