Listening to friends that are connected with the manufacturing industries in China, it sounds like most factories didn't struggle that hard to find alternative markets. In some cases, the Chinese government has been stepping up to help factory owners find alternative markets.

In this case, though, I would imagine that lightly waterproofed decorative outdoor lighting would sell about equally well to any first or second world market.

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bombcar 2 days ago | parent [-]

If the alternative markets were easy to find they should have been selling into them before.

I’m wondering if some of them are wide but shallow, and that they have a much smaller total consumption quotient available.

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michaelt 2 days ago | parent | next [-]

Sometimes alternative markets have lower margins, as they need different products and lower prices.

America's average net salary is $53,000 and Portugal's is US$19,000.

If your TV factory can't ship to America for the time being, you might need to retool and make more 43" screens and fewer 85" screens. You'd prefer to be making the higher margin products, but at least you keep work coming in and keep your workers fed.

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netsharc 2 days ago | parent | prev [-]

I wonder if the Chinese government goes to small countries and say "We'll give you a loan, in return you're going to buy x million 那个啥's"...

	▲	bombcar 2 days ago \| parent [-]
		At some point that becomes a Pahn Zee scheme …