- Thread starter Dolores
- Start date
ONEC: Large Chinese businesses expand like wildfire in the country
I was just about to say. There has been some Russian impact in the tourism sector.
Talking about Chinese stores, supposedly this is the biggest (and newest) one in Santo Domingo Este.
It looks like these stores sell everything except groceries. Although this is probably bigger than any Chinese store in places like Sosúa.
It looks like these stores sell everything except groceries. Although this is probably bigger than any Chinese store in places like Sosúa.
Correct Sir. No Chinese food for me. Actually, no McDonalds either. I really don't even know what a traditional Chinese restaurant serves. Do they pair wine with the food? is it served via a wait staff or do you order it while standing in line and hustle to grab a table. It really sounds like such a lovely evening. " Hey lets go grab some cheap Chinese food, for 11 U.S dollars it will feed a family of 9, then we can lay on the couch in a MSG stupor knowing we saved a bundle.'
6 months is generous - 6 weeks is closer to the truth
There is higher quality Chinese crap - just like there are more attractive hookers, but in the morning they are still just hookers.....
Now wait just a second. There are exceptions to that. I've bought crap that failed the first time it got used.
I am still waiting for my Aliexpress order some 18+ months later, guess it is on that proverbial slow boat from China, so sorry I can at least get my money back from Amazon, from Aliexpress .....crickets
I am certain everyone coming to DR is so happy to see cheap Chinese junk stores sprouting like canker sores across DR.
To heck with Hispaniola culture, cause have flimsy plastic.
They even make the güiras and tamboras being sold here
To heck with Hispaniola culture, cause have flimsy plastic.
They even make the güiras and tamboras being sold here
Is that shipping to the DR? I Never tried and still have no faith in doing that. I collect in Europe and send a mudanza box to the DR. Still not fast but a mudanza box always gets there and without extra taxes. Never had a problem with Aliexpress orders but I do pick the vendors who had many orders and good international reviews.
China has excellent high end food and luxury and service which surpasses that of many other countries.
That goes for many Asian countries, where luxury and service is at a level seldom found in the West.
Same for Arab countries.
Regardless if one wants real luxury it is never cheap.
In the DR the luxury you get is far from off island luxury.
As you are on the way to Thailand you know what luxury is available there.
Thai, Japanese, Mexican food is preferable to me in comparison to Chinese.
The DR has a much more simple and limited cuisine, as Dominicans don't like too many spices and herbs.
Another problem is that most Dominican cooks have a limited scope of cuisine and timely a la carte service.
They have never been off island and do not know international standards of quality, consistency and in what time frame a meal has to arrive at the table after ordering.
However there is good food available in the DR and sometimes efficient and timely service.
Is there really a plan behind it. Isn’t it just Chinese people immigrating and seeing an opportunity with importing cheap products. They are something like 1.5 billion. I am surprised we haven’t seen Indians coming in. But when Italians opened restaurants with pasta and pizza everywhere we didn’t think there was an overall strategy
"ONEC: Large Chinese businesses expand like wildfire in the country
Dolores ViciosoFeb 8, 2024 at 8:00 AM
Updated on Feb 8, 2024 at 4:42 AM
The Dominican Organization of Shopping Malls (ONEC) is protesting the lenience of the government in allowing Chinese businesses to operate outside the law.
Large consumer goods stores set up by Chinese nationals are investing big to set up large stores in Dominican cities. El Dia reports exponential growth of the Chinese businesses and says they are taking advantage of the country’s regulatory weaknesses.
“Today we see them in all the provinces of the Dominican Republic and, above all, they now compete with large and traditional stores,” says Jennifer Troncoso says that the Chinese offer lower prices because they evade taxes and have less labor costs as many have found loopholes in the system to avoid paying social security charges (TSS) and training charges (Infotep).
Dominican merchants say this is unfair competition.
“The most serious thing is that a two-level project was approved and they are doing a five-level project. Basically that is what we found,” said the director of the UNPHU architecture school. "
All of it condoned by gob.do.
If the government was serious and intended to stop those practices, it could be done quickly.
If a two level project ends up being five levels,
Order build-back and impose fines.
This would quickly modify behaviour.
Those with great financial resources and tech know-how obviously have advantages.
Dominicans have to compete even domestically, with the global economy.
In competition there is only one winner.
Reality imposes its own rules and shows what works best.
The plan by gob.do is to get investments in the DR and tax revenues.
The government sets the framework.
Reality its own rules of economy.
It is no secret that Chinese exports have declined for the first time in 7 years and that they are seeking new markets for their goods to keep the factories going and the people employed.
It is also no secret that youth unemployment in China is close to 20% and to contain potential unrest and to try and increase employment they have also sought new markets.
The DR with an economy that is doing better than most countries in the Caribbean and also many in Latin America is a natural for Chinese expansion. How they are going about this expansion seems to have riled local businesses/business groups. To that end, they are making the charges of unfair competition. If they are correct, then the DR will close the loopholes they talk about...........or they will allow local businesses to take advantage of those same loopholes to level the playing field.
It is interesting that a great majority of the merchandise shown in the Primavera video above was printed in English....leading one to believe they have diverted goods intended for English speaking countries.....and more likely the US.
Seemingly gone are the days when the Chinese were really only involved in two main businesses in the DR.......restaurants and Cabanas. Their expansion in the DR looks to be more of a necessity than any other business strategy.
The Chinese state planned economic model has recently lurched from crisis to crisis.............overbuilding of apartments and now over production of electric vehicles. They are in desperate need of new markets for other products and the DR, economically speaking, is in their sights.
One last point, and while not DR related, it is worth noting to those who talk about the Chinese over taking the US economy very soon and eventually the world,.............one stock in the US (Nvidia) has a higher market valuation than all the stocks combined that are traded on the Chinese Hong Kong stock exchange.
Respectfully,
Playacaribe2