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.
PRINTING industry, BUSINESS planning, PRODUCTION functions (Economic theory), MARKETING
Abstract
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.
PRINTING industry, STAY-at-home orders, COVID-19 pandemic, BOOK transportation
Abstract
The article focuses on the challenges faced by print manufacturing industry in Hong Kong, China due to lockdowns to prevent COVID-19 pandemic. Topics include supply chain disruptions due to shipping of container shortages, surge in demand of children's book, and shipping delays due to increased air-freight rates and congestion at airports.
PRINTING industry, WAGES, LABOR market, DIGITAL printing, ECONOMICS
Abstract
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.
PRINTING supplies industry, PRINTING machinery & supplies, BRITISH withdrawal from the European Union, 2016-2020, POUND sterling, PUBLISHING, DIGITAL printing
Abstract
The article explores how print suppliers in Hong Kong and China are responding to changes and challenges posed by market and geopolitical events. Topics covered include the impact of the devaluation of the British pound caused by the Brexit on the print suppliers that service British publishers, the effect of the overcapacity in the U.S. and China and adopting digital printing technology.