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Behind the Quality of Foreign Brand Apparel: China Stock Market Lower Threshold

Behind the quality of foreign brand apparel: China stock market lower threshold

Behind the quality of foreign brand apparel: China stock market lower threshold


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Home Page > Sports and Fitness > Rugby > Behind the quality of foreign brand apparel: China stock market lower threshold

Behind the quality of foreign brand apparel: China stock market lower threshold

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Posted: May 31, 2010 |Comments: 0
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Recently, the quality of foreign brands has been the focus of media attention, Zhejiang, Shanghai industrial and commercial departments have revealed a number of international top brands of quality problems. Since it is a top international brands, they require higher should be normal, but experts tell us, these top brands appear, even the most basic quality problems are.

From the Shanghai Industrial and Commercial Bureau recently revealed the brand clothes to monitor the table we see that the problems foreign brands include excessive PH value, formaldehyde content, and color fastness exceeding three failed, the harm they are mainly embodied in human adversely affect the skin or respiratory tract. Industry sources have told reporters, PH value and generally excessive formaldehyde durable press garments doing, wrinkle-free and other after-processing, the use of agent and appears, in fact very easy to deal with.

National Textile and Garment Quality Inspection Center (Zhejiang) Detection of F only British director, said: “after-cleaning is the key number is more than clear or clean, then as the PH value will be exceeded to avoid this problem, formaldehyde is also the same. ”

As for color fastness to standard issue floor before the British believe that the main quality of the printing process by the dye effect, but the current technology to sense, as long as the materials and process equipment to ensure it does not hard to do, but also from reality of view, our national standard requirements of the color fastness of the indicator is not very high.

National Textile and Garment Quality Inspection Center (Zhejiang) Detection of F only British director said: “In particular, our GB18401 (National Textile basic safety norms) this standard is a basic condition, we compared the foreign demand for this eco-textiles , color fastness levels are low and a half. ”

It is understood that these common problems, most of China have launched a mandatory technical standards, in particular, formaldehyde standards implementation has been more than five years, exceeded in recent years, the problem is rare. Experts say there is a big domestic regulatory defects in general, so that a considerable part of the big companies take advantage of so-called international.

Zhejiang University, School of Economics, International Trade Department, Director Huang Xianhai said: “Strictly speaking Chinese to provide such a market niche, it took advantage of this market niche.”

Zhejiang Industry and Commerce: To continue to break the “foreign brand superstition”

Supervision of foreign brands storm, the source should be considered in Zhejiang, more than a year, Zhejiang Industry and Commerce have foreign brands on a number of areas of quality issues arise investigation led to the seizure of the problem Nestle milk powder, and return defective Sony cameras, imports of leather shoes and a series of burning sensation failure events. Recently, Zhejiang Province, Zheng Yumin Secretary, accepted the economic channel interviews, revealed the supervision of his views on the quality of foreign brands.

Zheng Yumin used “non-discriminatory, focusing on” The eight words summed up his last year of this series of regulatory actions of the attitude of foreign brands.

Zhejiang Zheng Yumin Secretary, said: “Why focus? Because large foreign brand awareness, gold content and high added value, if it is fair without and foul within it, it the damage is even greater.”

Zheng Yumin said any country’s products into any country and region have to accept the effective monitoring, which is truly international conventions and frequently claim that the implementation of a number of foreign brands internationally accepted standards does not mean that in China have enjoyed What kind of preferential treatment. In fact, the relevant departments if abandoned this regulation is not only a dereliction of duty, but also foster and strengthen the disguise foreign brands “escape responsibility” habits.

Zhejiang Zheng Yumin Secretary, said: “Since last year, we had so many foreign goods, the quality of the event, a check of a prospective, in fact, told us consumers, the moon also Teenage moon and new moon.”

But Zheng Yumin admitted, the business sector at the end of the chain of commodity circulation, it is difficult to achieve effective regulation of all commodities, foreign brands so by revealing the problems of a more rational way to judge consumers and consumption, is the clear ocean fundamental way the brand quality.

Backgrounder: International brand-name quality problems have frequently been found

From clothes to formula, from Guangdong to Shanghai, a growing number of so-called international brands, in more and more places are exposed to quality issues.

January 26, Guangzhou City Industry and Commerce Bureau released a report on the results of tests of quality casual clothing, was only 46% of qualified, unqualified products from the Eiger, VERO MODA, SNOOPY, Esprit, Jack. Jones 47 famous brands. The main problems of these clothes is containing toxic substances that may cause human disease and even induce cancer.

January 18, Shanghai Industrial and Commercial sector of the city issued a circulation in the quality of test results Apparel brand. The results showed that the sample failure rate, more than 4 percent, failed the blacklist, Chanel, Dior, Armani, etc., international top brands, impressively.

December 29, 2006, a group of Spain, Italy and other EU countries, imports of brand-name shoes such as LV, DG, BOSS, the quality of the sample in the batch failure rate as high as 76%, was concentrated and Industry Bureau, Zhejiang Province, destroyed. 2006 and 2005, the Zhejiang Industrial and Commercial Bureau has detected one after another batch of five internationally renowned brands model notebook computers, digital cameras, milk powder and other quality problems.

Network point of view: why so many foreign brands, “bull”

First name brand well-known high technology than people, the quality of foreign brand-name failed, the problem is

Is China Stock Market Ready to Fall?

Is China Stock Market Ready to Fall?

Do you know how to say in Chinese “irrational exuberance,” or how about in Russian… ok… maybe you know how to say in Hindi..ok… I am sure you can say it Portuguese? Maybe we might not need to …Investors and Hedge funds have been throwing money at these markets for years… Why not…Look at the amazing moves. However many local investors of these markets are very young and mostly have never experienced a bear market. How many of us investors went through the tech bubble or this fun real estate blowup. Yet so many of us have been investing in the BRIC ( Brazil –Russia-India- China) ETFs again without even thinking what we might lose. I really do not need to explain to you about the risks… maybe you can tell me about all the money you have made. I am not even going to stress the banking crisis …or how about the residential home crisis… or even mention the SIV crisis. For those of you not aware of the SIV crisis, it is where numerous US and Non US banking institutions in order to put their toxic defaulted paper off their books. I am not suggesting to any degree you exit your long positions on the BRIC ETFs… You know what you are doing; You have a plan. You know exactly when to exit your position. How many of you remember Japan of the late 1980s. At 25,000 was the Japanese stock market overvalued… or how about at 30,000…or even 35,000…until peaking at 39,000 and still 18 years later not even at half of that. When the US stock of 1929 crashed it took almost 25 long hard years to get back to those levels. I have never met anyone who could call a top to a parabolic move. That is what is happening currently in the BRIC ETFs. Consider this on the Indian Stock Market; the journey from 19,000 to 20,000 points took 11 trading sessions and an increase of just 5.25%, whereas back in 1992, the journey from 3,000 to 4,000 took 22 trading sessions and an increase of 33.33%. We can go look at each component of each BRIC market. But what will that tell us. Human nature never changes. It does not matter if we are Brazilian, Russians, Indians or Chinese or American the basic attributes of humanity become very clear. FEAR AND GREED! I am very confident that all of us have heard the fantastic growth stories that are prevalent in the BRIC markets and one needs to take a long term perspective while investing. Investing in the stock market is not a one-day event. That would amount to gambling and we are not gamblers (?). In order for long term success one needs to have an exact plan as to when to purchase and when to exit as well as a plan to invest consistently over a long period of time. There is no right time to enter the market. Every day is the right day. If you start investing in the stock market, you should be committed to be in the market for a long time. One might construe this post as double cheeked. However what I would like to stress is that one needs a plan regardless if they consider themselves an investor or a trader. No one has a crystal ball where any market is headed However a possibly significant sign is at hand on the BRIC markets. On a technical basis the chart is showing a MAJOR DIVERGENCE many times this has been a forebear of a major trend in change. There are too many issues to mention that the risks of investing in the BRIC ETFs are greatly enhanced. One needs a plan and more importantly the mental discipline to follow the plan. Good Luck trading. Currently we are not long nor short any of the BRIC ETFs but looking to go short.

Andrew Abraham

Andrabr9@gmail.com

http://capitalinvestor1836.blogspot.com/

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