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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (3269)6/12/2004 5:30:57 PM
From: sammaster  Read Replies (2) of 6370
 
nytimes.com

interesting article about how multinationals that make factories in china use them to sell abroad but not as much to the chinese public.
seems as if the local wares are so cheap because of the lack of need for a profit and also no need to really pay back your loans, that the multinationals cant compete on price and dont want to. i think they are hoping in the future that the richer chinese will move up the value chain and buy their higher quality goods.
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