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%.”

nodded and said, “In this way, you have a net profit

Wade said, “A few years ago,

family move the production base to

asked him, “Why did

we produced in China and sold in

was relatively cheap, the

that Europe will continue to increase tariffs and other taxes

lose all advantages in the European market, and profit margins

tariffs on imported furniture, and so far

you move your business to

a company in Romania, which is equivalent to turning our products into local

a result, we have actually enjoyed

allows us to have more sales, so the overall

Chinese-style furniture, every