Since the very beginning of 2007, Chinese fastener industry has been in an unstable situation. Changes coursed by competition bring a new situation, while domestic fastener manufacturers will meet new challenge.
Multinational magnates come to China to set their factories one after another---more than 200 factories so far. For advantages, it can help to improve strength of the whole Chinese fastener industry, for disadvantages, it will bring more challenge to domestic manufacturers since there are certain difference between domestic companies and foreign companies.
For example, Adolf W¨¹rth GmbH&Co.KG has built up a fastener manufacturing factory in Shenyang, mainly producing high quality bolts, selling products only in domestic market.
