Are China's Wholesalers Going Bankrupt?

The world recession seems to be reaching the far
corners of the world.

Already having affected financial giants such as
Bear Sterns and Lehman Brothers, and car markers
such as General Motors, it seems like the recession
is making its way into the wholesale business.

The Daily Yomiuri, one of Japan's leading newspapers,
has reported that China's main wholesale center, in Yiwu, Zheijiang Province,
is experiencing the effects of the recession.

With over 60,000 wholesalers located in the Chinese city,
the business pulse of its wholesale center can serve
as a good indicator of the state of the overall wholesale business.

But before you abandon your own wholesale and retail business,
keep this in mind.

Every challenge in life creates opportunities, especially in the
wholesale and retail field.

If Chinese wholesalers are starting to experience a downturn,
you can be sure that they will lower their wholesale prices.

And as a consequence of their inability to sell merchandise,
there will be a flood of surplus merchandise in the marketplace.

This means that you will have amazing opportunities to make
money in the wholesale and retail business.

You will be able to literally buys wholesale and closeout merchandise
for prices that are substantially below wholesale.

But what about selling the wholesale and closeout products
that you can buy?

People still need to shop for the products that they need.

But during a recession they are forced to look for the lowest
cost provider.

If you take advantage of the wholesale closeout opportunities that
are available, you will have a merchandise which you can sell at
amazing markups.

You can be the lowest cost provider by focusing on
wholesale and closeout merchandise.


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