Last Friday we had been to a nightclub in Bur Dubai. One of our friends have joined Siemens and the treat was part of his entry tax to Dubai.
The night club is located in the York Hotel - just don't remember the name of the club.I had been to this place when I first came to Dubai and before my wife joined me. You know how wives are!!
The place was totally crowded,even now it is crowded and there were more ladies than men.That equation also hold true now.Let me clarify one point at this time,which might not fit into everyones equation.These ladies are pure businesswomen and they do things better than your perception of your wife doing the same.
When I first went, the place was crowded with women mostly from eastern block countries like Ukraine,Romania, Bulgaria,Latvia and all those countries belonging to earlier Russian Federation or the Iron Block countries.
Hey even if you did not indulge in business discussions, the drinks went down smoothly and it was good both for the mind and body and off course your eyes.This time was a real shocker - all women are from China, Korea. Not a single one from those eastern Europe.
We realized that when Chinese makes an entry into any field in a market, they just kill the market with cheap prices. So much so that they have driven an entire community away.It was purely volume business and a price related entry.
Cheap and comfort that you expect out of cheap products.Along with the absence of European ladies the nature of men also changed. Now there are mostly Asians swinging to Desi Music.
Every women will come up to you and say,"India, good country. I like India." even if you are from Pakistan or Bangladesh.
We also are facing the same problem in our business - we have to face competition from Chinese products and we are having a tough time.Either we bring down our prices or we perish, or we shift our manufacturing location to China.But for human beings that might not be possible. Shade!!
Thursday, April 30, 2009
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