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May 21, 2007

Chinese Printing

You can read these articles here and here in Printing Impressions, or you can remember this statement from Rémi Marcoux, the CEO of Transcontinental
Between 2002 and 2005, he noted the Chinese printing industry grew at an annual rate of 20 percent, double that of its economy. Chinese press operators make about $1,000 a year, whereas their Canadian counterparts earn $60,000 (all expressed in Canadian dollars). And, of course, paper is not only less expensive in China, but is subsidized 12 percent to 15 percent by its government.

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