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You are here: Home Finance & Business Financial crisis leaves euro with new popularity Crisis in China: Dutch business highly valued

20/05/2009Crisis in China: Dutch business highly valued

Jorg van den Hoven literally finds himself in the middle of the Chinese economic crisis. A video report by Radio Netherlands.

Jorg van den Hoven literally finds himself in the middle of the Chinese economic crisis. His design bureau in the south develops products for western customers, produced in one of the many factories in the area. But since the start of the credit crisis, this workshop of the world is, for the first time, not running at full capacity.

A worried Mr Van den Hoven looks out of the car window.

"Everything empty, it's unbelievable."

He's on his way to two electronics factories in the district to see whether they have the material to make an electric shaver for him. Since the beginning of this year, finding the right factory has become more difficult, says the Dutch businessman.

"Many factories already closed at the beginning of January, in time for the Chinese New Year. And they've remained closed. Only in the last couple of weeks have many factories resumed their work, but they're often running with half the staff."


Spectre

It's now more important to inspect the factories with your own eyes, thinks the director of the Ask4Me design bureau.

"You have to see what staff have been sent home. Is it the experienced, but more expensive employees, or the low-cost workers? And will they survive until they have delivered your order?"

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