The Charismatic Charlie Wade

Charlie nodded and asked him, “What is your name?”

The young man replied, “My name is Francis Wade.”

Charlie nodded slightly and said, “Okay, let me ask you, what business is your family currently operating overseas?”

Francis Wade hurriedly said, “We produce and sell Chinese-style furniture throughout Europe, mainly for Chinese customers, and our production place is Romania.”

Charlie frowned and asked, “Why do you want to produce Chinese-style furniture in Romania?”

Francis Wade replied, “The main reason is that Romania’s timber production is very high, and their labor costs are relatively cheap.”

Charlie asked again, “Then how many workers do you have in Romania? What is the annual output value?”

Francis Wade thought for a while and said, “We have approximately 10,000 employees in Romania, with an annual output value of approximately 2 billion euros and a net profit of approximately 20%.”

you have a net profit of 400 million euros a year for

Francis Wade said, “A few years ago, our production base

that my family move the production base to

him, “Why did you

we produced

was relatively cheap, the overall profit

increase tariffs and other taxes on foreign products in

products will lose all advantages in the European market, and

been increasing tariffs on imported furniture, and so

you move your business to Romania,

Romania, we also re-registered a company in Romania, which is equivalent to turning our products into local products produced in Romania, and because Romania has also

a result, we have actually enjoyed

also allows us

people who have been producing Chinese-style furniture, every company that sells