Will the blissful luxury Yacht Manufacturing Industry All Result in a Chinese Port?

It is well known in the general aviation business that the manufacturing of small aircraft, corporate Jets, and also airliners is slowly shifting to China. The same thing is going on in the recreational marine boating business, plus they are needs to build luxury cruising yachts in China. Previously, these were making lots of the components, now they’re making entire luxury yachts. But before you complain, recognize that China is a huge market for yachts, and the Chinese are simply naturally boat people (remember the Treasure Fleet), especially those that live near to the water, or in the major cities and also have accumulated a lot of wealth.

There was a fascinating article recently published in Bloomberg Business Week (May 9 – May15, 2011) titled “China’s Next Port of Call: Luxury Yachts” which stated that the industry is headed to China, and the luxury yacht makers of Europe, Australia, and the united states will slowly start to see the disappearance of companies making high-end yachts, as there is no way they’ll be able to compete. Several reasons things are floating to China as per this article;

1. – Lower Costs and rising wealth fuel growth at mainland boat builders.
2. – They use boats no differently than they would a karaoke lounge.

Okay so not only can the these boats be made less expensively with low-cost labor, but the Chinese luxury cruising yacht business is booming with many wealthy Chinese seeing this as the ultimate because of their wealthy status. This article also stated that the Chinese lack the intensive knowledge to create these yachts, but that they are catching on quickly with the help of foreign partners. In analyzing the problem, I see the Chinese as capturing this industry as well.

No, that doesn’t bode too well for all those in Florida that are yacht builders, and employ a large number of people. hydrantenverschluß and every time we talk about manufacturing in the United States, we discuss how jobs have increased, and we are the major manufacturer to the planet, but in reality China is passing us, and they are creating jobs quicker than we have been, and even if their economy sputters, they’ll end up over time with an excellent chunk of our manufacturing industrial base.

Alongside such super specialties as the making of airliners, corporate Jets, luxury yachts, and other things that Americans currently seem to excel at. Needless to say, there are a variety of yacht manufacturers in the Mediterranean, plus they too may lose those jobs to China. Would you buy a luxurious cruising yacht from China? Although you may say no, imagine if I said you could buy it for a third of the cost, as well as half? You see, even you had to stop and consider that. Please consider all this.

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