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Spirethoughts

Spire's six most recent Spirethoughts.

Refilling to reduce the global plastic binge
Crude oil prices and the environment
Productivity & Efficiency – the new WFH buzzwords
Will Smart Health & Safety products ride Covid-19’s coattails?
Will Smart Health & Safety products ride Covid-19’s coattails?
Awareness and adoption of Sustainable Smart Technology
Technology security and privacy concerns have become critical to consumers
Technology security and privacy concerns have become critical to consu...

In China for China

The recent American Chamber of Commerce survey once again attested the trend of “in China for China”, as 58% of respondents’ primary goal was to produce in China for the growing China market. 51% of them also identified China as a top-three priority for investment.

As such, U.S. companies in China are driving U.S. exports to serve this fast-growing market. Almost two-thirds (62%) report that they import parts or finished goods from the U.S. into China and that U.S. exports make-up 32% of their China sales by value.

According to the latest market study by International Data Corporation, specifically adventurous technology marketers looking for new territory should consider Tier 2 cities such as Chengdu and Sichuan, as these cities are exploding in terms of growth.

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