Thursday, April 17, 2008

Competitive Nature of the Chinese Market

Our group experienced the competitiveness of the Chinese economic market on a regular basis. We constantly shopped for items such as pearls and other pieces of jewelry in hopes of finding good deals that would make our venture productive and beneficial. I often thought that I was being approached with good deals but soon realized after the purchase unfortunately that I could have received a much lower price. So to say the least with every shopping experience brought a new lesson. I could never be sure if I was getting a good price or not but had to rely on the honesty of those that were selling the merchandise.

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