The SARs Bubble?
Recently at my place of employment we've noticed a surge in project orders from China with very short lead time requirements.Our sales in China have been increasing briskly in the last few years but these demands are far and above anything we've experienced before and we were curious as to the cause. Yesterday one our esteemed marketeers learned from our source in Asia that the main reason for the high spike in demand and faster delivery requirements was what they are now calling the "SARs Bubble". Apparently when the SARs outbreak was at its worst many foreigners who were working on industrial projects in China (refineries, chemical plants, etc.) packed up and hit the road. Now that the situation has stabilized and there have not been any recent newly diagnosed cases of the SARs, as the Granddad from 'The Boondocks' likes to refer to it, they have returned to China. And they want their equipment for their projects. Now. I have not heard this mentioned before and am curious whether other businesses are experiencing this bubble effect.
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