Manufacturing in Australia does give the Government better oversight on the QMS in place. It also ensures that if we have similar issues in the future we are not reliant on another country for the health and safety of our Citizens.
We have already heard the many issues with Chinese quality controls from Spain, Canada, Netherlands, Ireland and the UK. U stand by my opinion that would be better manufacturing onshore I believe the Government will also support this line of thinking.Why would China import so much from Australia?
Because they also think the quality is better here. That is why the daigou shopping industry is worth $15billion and that is why they employed a number of state run companies in Asutralia to ship back large quanities of Australian PPE equipment to China.This stock strikes me as a pump and dump stock the way the CEO Tweeted and the company pumped it up on Linked In pre announcement hence the questioning from the ASX Query.
I am commenting as I am not 100% on the ethics of the business or any value apart from a short term gain for themselves that it offers anyone.
This is not a local phenomenon it is a global problem.......
https://globalnews.ca/news/6789934/coronavirus-city-of-toronto-surgical-masks-recall/https://www.irishpost.com/news/hse-issues-ultimatum-china-delivery-unusable-ppe-ireland-183020https://theprint.in/world/netherlands-recalls-600000-china-made-masks-from-its-hospitals-over-poor-quality/390717/https://www.bloomberg.com/news/articles/2020-04-01/faulty-virus-tests-cloud-china-s-european-outreach-over-covid-19
Oogerbooger called this post racist and Immetoday also jumped on the bandwagon in the companies defence, listen to them at your peril.
Originally posted by Bottsy13:
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We have already heard the many issues with Chinese quality controls from Spain, Canada, Netherlands, Ireland and the UK. U stand by my opinion that would be better manufacturing onshore I believe the Government will also support this line of thinking.
Why would China import so much from Australia? Because they also think the quality is better here. That is why the daigou shopping industry is worth $15billion and that is why they employed a number of state run companies in Asutralia to ship back large quanities of Australian PPE equipment to China.
This stock strikes me as a pump and dump stock the way the CEO Tweeted and the company pumped it up on Linked In pre announcement hence the questioning from the ASX Query. I am commenting as I am not 100% on the ethics of the business or any value apart from a short term gain for themselves that it offers anyone.
This is not a local phenomenon it is a global problem.......
https://globalnews.ca/news/6789934/coronavirus-city-of-toronto-surgical-masks-recall/
https://www.irishpost.com/news/hse-issues-ultimatum-china-delivery-unusable-ppe-ireland-183020
https://theprint.in/world/netherlands-recalls-600000-china-made-masks-from-its-hospitals-over-poor-quality/390717/
https://www.bloomberg.com/news/articles/2020-04-01/faulty-virus-tests-cloud-china-s-european-outreach-over-covid-19
