TBH China has been producing cheap products for decades on request by greedy entrepreneurs.
They technically can produce high quality products if you’re ready to pay the price. Check out the computer and mobile industry.
But since the minimum wage has been on the rise, factories aren’t as competitive as they used to be, and cheap products are now produced in southwest Asia (the Philippines, Vietnam, Cambodia, Thailand, India, Bangladesh...)
I live in China, our company has dealt with these companies and no, they can't... actually, more like they won't.
The moment something gets big enough to matter (including the computer and mobile industry), the CCP comes along and inserts itself onto the board, and becomes the new owner. These members then cut corners, lie, cheat, and steal, at the customer's expense to line their own pockets.
Any chance they get, they cheat. Examples:
1) Online stores/marketplaces. They won't sort by top, they sort by how much you pay, then when they think they can get more out of you, they'll create phantom companies that will "outbid" you for the top spot / top page. They'll also accept bribes by competitors to run a campaign of 24/7 fake reviews on your business.
2) Packaging. We needed specific quality (weight and grade) containers, tubes, boxes, etc made up, 20k umits. We send the specifications to the company (that we've worked with before and think we have good standing with), and they've halved the thickness on the packaging (100g -> 50g cardboard), and the colours of the logo didn't even match on their samples as if they skimmed on the ink (orange -> pink). Their excuse was that government regulations suddenly changed and they needed to redesign, we were aware of the redesign, but didn't realise that they would use it to cut corners on quality. Thankfully, we tracked down the company they outsourced to before they started production (late as expected), and corrected the design and specifications.
3) Signed up for a gym membership, paid a very fair price. Pool had not been drained and refilled in years, got so bad that health department had to shut it down. I had planned to go swimming there. No refunds.
4) Using cardboard in place of meat.
Any chance they get, they'll cheat you. There's no such thing as reputation in China: you can sell 10 million units (<1% of the population) and fuck off before word gets out that they're dangerous. Chinese people expect that they're going to be cheated anyway (unless they buy a foreign product) so why take the risk. You're going to get fucked anyway, so buy the cheapest there is and expect it to break.
Though I agree with you for the most part, what you’ve described relates more about the domestic market, which operates on a different scale.
Well, you do you. All I know is that I'm not buying a chinese car any time soon.
Minimum raise is on the rise in China?
It is.
Interesting, it seems like minimum wage going up is a sign of bad times ahead. A sign communism is taking control. I finally have a good job making well over minimum wage in California but that won't really matter in a few years since they continue to raise minimum wage. Socialism doesn't really help the middle class, it just brings them down to the low class and makes it all even with them. But the upper class elites are uneffected.
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