Big Trouble in Big China w/ Expert Steven Simonson
You've probably seen the unbelievable scenes coming out of China. Protestors have taken to the streets across all major cities after growing frustrations over the government's Zero-Covid policy.
The protests risk causing supply chain issues for Amazon sellers who source from China.
Steven Simonson is joining us today to help us understand what is happening, how it might impact Amazon sellers, and what other options are available.
Steve has extensive knowledge of global trade, specifically with issues affecting SE Asia and China. I don't know anyone as knowledgeable about China as Steve.
But as bad as the protests are, they are only exacerbating a situation that was already bad. The reality is that peak China is over, and it's only downhill from here.
The reasons that had made the country so attractive as the world's factory are quickly vanishing, and it's time Amazon sellers and other entrepreneurs looked elsewhere for their sourcing.
Tune in to this episode as we discuss the impact of the protest and some of the alternative viable sourcing options available to sellers.
Key Takeaways
- WTF is happening in China (02:19)
- How Covid has been different for the Chinese (09:25)
- 'Control your soul's desire for freedom.' (15:53)
- The looming demographic and labor challenge facing China (25:25)
- How Chinese factories work (32:23)
- Risks involved with sourcing from China for Amazon sellers (35:36)
- China has peaked as a source market (41:21)
- Viable alternatives to China for different industries (45:14)
- Is the Chinese regime strong enough to withstand these protests? (51:31)
- Getting manufacturing back to the US, Mexico, and Canada (55:26)
Additional Resources:
Connect with Steven Simonson
✅ Website
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- Schedule a FREE consultation with the Ave7 team
- Grab the FREE Amazon Seller Central Checklist
- Get the book “The Amazon Jungle” book by Jason Boyce
- Learn more about Avenue 7 Media
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Day 2 Podcast has a goal of helping Amazon sellers learn how to launch, grow and protect their brand on the world's largest online marketplace (and beyond).
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