Crouching Tiger, Hidden Opportunities
China is a major competitor in the printing industry
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China assumed a 19.8 percent (or $1.995 trillion in U.S. dollars) share of total manufacturing in 2010, a dramatic increase compared to that of 6.9 percent a decade ago.
China may be strangling the U.S. manufacturing sector, but it's not dead yet. The U.S. continues to topple China when it comes to productivity rates and production methods, but that's not enough. China's production and manufacturing sector will continue to grow and so will those of other countries. When it comes to the print industry, professionals say U.S. print manufacturers need to recognize, represent, build relationships and adapt to continue competing.
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Melissa Busch
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