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[return to "China's manufacturers are going broke"]
1. 486sx3+Zo[view] [source] 2024-08-17 17:41:50
>>campus+(OP)
It’s pretty simple, Chinese companies need to lower Chinese wages, reduce costs, reduce profit expectations, provide lower cost shipping to ports, guarantee the quality of their product once it arrives in North America not pay when it leaves the factory.

We want $1 products again at dollar tree (not $1.25 tree), and better quality for less money.

Otherwise we will just make the stuff in the USA ourselves. One day we will get smart and export more TO China because no one in China trusts the quality of anything made in China

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2. missed+es[view] [source] 2024-08-17 18:01:29
>>486sx3+Zo
Personally, I have been coming more around to Chinese manufactured goods. It used to be low-end crap 30 years ago, but they are market leaders in many sectors today and probably even more tomorrow. I recently drove a Chinese (ICE) SUV for the first time and was blown away by the fit, finish, and price.
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3. tmnvix+Vc1[view] [source] 2024-08-18 01:23:04
>>missed+es
I remember as a kid hearing people throw around the term "Jap crap". Not for a long time.

China has been going the same way. They are now capable of making very high quality products. Taiwan went down the same route, South Korea too.

In the long term, it's not China that has a problem, it's complacent western manufacturing companies. It's not just a failure to innovate. Some have used their market power to exploit consumers such as the US vehicle manufacturers pushing people to 'trucks' because it served their own interests. They abandoned the small (read sensible) car market. Top selling car recently in Brazil was the BYD Seagull - knocking Ford off.

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