Your best ally may be your competitor

摘要

It may well be the case that the best ally of established European tannery machinery manufacturers are manufacturers of Chinese machinery. The same applies, albeit to a slightly lesser degree, to machinery manufacturers in other established markets, most noticeably Korea and Taiwan. Why so? And, if true, will it last? There is no shortage of Chinese manufacturers offering the full range of machinery used by the industry. They range from the tiny, perhaps a local village enterprise operating out of a garage, to substantial operations. The vast majority began life as state-owned enterprises: today, many have been taken over by private capital. Only the most recent entrants will have begun life as private enterprises.