Ads
related to: why china products are cheap
Search results
Results From The WOW.Com Content Network
China is flooding the developing world with cheap goods. Governments say the imports are undermining domestic industries. This could impact China's bid to lead the so-called "global South" of ...
Generally, the book describes China as a country which should not be satisfied with a subsidiary position in the global order. [4]: 159 Unhappy China depicts the country as manufacturing cheap products for the benefit of western countries which are ungrateful and which unfairly blame China for various global issues, including pollution and claims of neo-colonization in Africa.
US officials and lawmakers have expressed concern that China’s overinvestment and excess capacity could result in cheap products flooding global markets, affecting local industries and employment.
Apart from labor, capital - still relatively cheap in China - will also become more expensive as policymakers move the country toward interest rate liberalization. [7] Material costs, too, will continue to rise and will reach global levels. As the economy slows down, it becomes harder and harder for companies to pass on the costs to customers.
There have been campaigns advocating for a boycott of products made in China.Commonly cited reasons for boycotting China include the alleged low quality of products, human rights issues, territorial conflicts involving China, support for separatist movements within China, and objection to more specific matters relating to China, including the government's mismanagement of the COVID-19 pandemic.
China’s economic trajectory is of great concern for global investors and policymakers who are counting on it to drive global expansion. But, Beijing appears to have run out of ammunition.