The USA only saw and hyped up the huge trade deficits that the country suffered against China, tallying what the USA bought from China and what China bought from the USA, ignoring the hundreds of billions their manufacturers made from their manufacturing base in China and selling their products worldwide and also in China. How much did the Chinese workers made for each iPhone manufactured in China and how much did Apple made selling that same iPhone worldwide? The Chinese workers made pittance while Apple reaped all the benefits. I am just talking about Apple in China alone.
We have now also seen the branded goods made cheaply in China, with the Chinese manufacturers unravelling the scam and all the money made by those top brands selling the Chinese made products at exorbitant profits, just by sticking a label on the product. Now the Chinese are no longer going to play the game, preferring to continue to make the same product to sell to the Global South countries. After all they are still making the same profit margin. The days of ripping off Chinese manufacturing are over and big brands are suffering. How bad it is, I am not sure. Of course, they can always find alternative sources to exploit, but quality and costs cannot be taken for granted.
How can the Chinese bear the insult by one drag queen's outburst that Chinese 'peasants' made cheap goods for the USA consumers to buy and then using the US$ that they are paid in to buy USA treasury bonds. That insult had repercussions, with China now selling less and less to the USA, while no longer having the excess US$ to buy USA treasury bonds. I think this is what the drag queen did not foresee nor wanted, but China is delivering its answer to her (him actually) on a platter.
Anonymous
We have now also seen the branded goods made cheaply in China, with the Chinese manufacturers unravelling the scam and all the money made by those top brands selling the Chinese made products at exorbitant profits, just by sticking a label on the product. Now the Chinese are no longer going to play the game, preferring to continue to make the same product to sell to the Global South countries. After all they are still making the same profit margin. The days of ripping off Chinese manufacturing are over and big brands are suffering. How bad it is, I am not sure. Of course, they can always find alternative sources to exploit, but quality and costs cannot be taken for granted.
How can the Chinese bear the insult by one drag queen's outburst that Chinese 'peasants' made cheap goods for the USA consumers to buy and then using the US$ that they are paid in to buy USA treasury bonds. That insult had repercussions, with China now selling less and less to the USA, while no longer having the excess US$ to buy USA treasury bonds. I think this is what the drag queen did not foresee nor wanted, but China is delivering its answer to her (him actually) on a platter.
Anonymous
2 comments:
The world just found out that China can make high quality products, depending on what big names are willing to pay for quality materials. Not everything made in China is junk or cheap stuff. Cheap does not always mean poor quality, but consumers must temper expectations and do not expect quality and paying pittance. No business savvy people are stupid enough to make stuff to suffer a loss. Might as well close shop.
Having said that, if everything that China made is equated with junk stuff, let me talk about iPhones. Apple makes the bulk of its iPhones in China since its astounding rise, and the whole world had confidence in its quality, and no one is complaining about iPhones being made to resemble junks. The only complaint I come across was and still is, centers on Apple's innovation being not at the forefront to compete better against other brands that have more features and are very much cheaper. They do expect Apple to be ahead of the curve, not just on par. If Apple were to make its iPhones in the USA, they will have to sell them at two to three times what the Apple factory in China can turn out.
Besides Apple, we know that global top of the line handbag brands making products in China cannot be junks as well, if they can be sold for $30,000. So, what is the truth? The truth is you pay for what quality you want, and the Chinese will use the corresponding quality materials to make the products. True, the Chinese can make cheap products, but they also made the best products there were, the best products there are and the best products they can still make for years to come.
All these Whites especially the Euro Nuts are just cheaters and scammers using their socalled renowned brands and sales tactics to con the stupid!
Most of their products including the UAssA are manufactured in China with their branded names selling at hundreds, thousands and hundred of thousands with their cost at UAss 5 20 or 100 yo the Manufacturers
Then thru Brainswashed advertisements and also beautiful boutiques to display all three Wares getting damn.so called celebrities to promote them and con the Imbeciles and nincoompoos to pay a limb and arm on.them for the sake of prestige and boasts.
Stupidity No Cure,
So even second hand or hand me down one with millions of germs and bacteria also command a price.
A ten thousands watch with twenty dollars Hong Kong or Japanese parts!
No eyes see
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