China Exporters, Hit By Slump, See Potential At Home

From Reuters:

Like prodigal sons, China’s exporters are returning home to sell their products as global economic gloom takes a toll on their overseas orders.

Yet exporters of goods ranging from apparel to electronics are hardly finding a fatted calf laid out for them.

Despite a track record in manufacturing products to global standards for leading brands, many are finding it tough to tap into China’s domestic market due to cut-throat competition, lack of local brand names and poor domestic distribution networks.