Crouching Tiger, Hidden Opportunities
China is a major competitor in the printing industry
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Hunley believes it is because international companies have invested in their businesses while U.S. businesses haven't.
"In fact, the U.S. printing and paper making today is in the same boat as the U.S. auto industry during the 1980s," he remarked. "When car makers did not invest in new technology to increase production efficiency, it opened the door to international competitors stealing market share—first by importing more vehicles, then by investing in manufacturing operations here. U.S. carmakers never recovered market share. Unless something happens here today, the same will happen with the printing and paper industries. The fact that many companies are contracting with international printers proves it."
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Melissa Busch
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