Could mean greater price competition for cheap Chinese crap
Does that mean their junk will be even cheaper? or crappier haha
Thanks for a good morning laugh
It’s already happening. I source from China and could negotiated a lower production costs just a few months ago for the same products that have been manufactured there for years. I think part of it is because of the USD RMB exchange rate. RMB has been weakening a lot lately. Not sure whether the actual price in their local RMB really decrease. Perhaps it does. I’ve heard that the unemployment rate in China is getting worse. Employers don’t need to give a raise to their workers. All in all, I wonder if this good or bad for the world if Chinese products become cheaper. Let see what others have to say.
This topic was automatically closed 90 days after the last reply. New replies are no longer allowed.