The article focuses on the state of print-manufacturing business in Hong Kong, China amid worldwide decrease in unit sales of print books as of July 24, 2023. Topics include disruptions in supply chains due to high paper prices, shifting business patterns of the print manufacturing with low investment expenditures, and downsizing of printing facilities due to rising labor costs.
The article offers information on Hong Kong and China Printing Industry. Topics discussed the U.S.-China trade dispute and other trade standoffs in different parts of the world; views of Henry Woo, general manager of Leo Paper's OEM business department on looking forward on the close relationships and strong partnerships; and commercial contribution or cost challenges with or without tariff implementation.
The article examines the economic conditions of the print manufacturing industry in Hong Kong, China. It looks at how wage increases have impacted the labor market and productivity as well as how advances in digital printing have improved the industry. Noted companies covered in the article include Hung Hing, Leo Paper Group, and Magnum Offset.
Published
2015
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