![]() |
|
| *Home>>>China |
Why China things are cheaper than other countries? Why Quality is differ in India & US for same thing of China |
Why China things are cheaper than other countries? Why Quality is differ in India & US for same thing of China It is a Communist country. Slave labor! Unions they drive up wages then people raise prices China has a lot of cheap labours, hence the cost of production is cheaper. And I think China produces goods that cater to all consumers, meaning to say there are both low quality and high quality stuffs. There are several parts to this answer which would require a book. However a few of the major items creating a comparative advantage are; undervalued currency, surplus labor, lower quality controls, lower environmental regulations, SOE's and SOE partnerships with favorable tax benefits, subsidized industry and lower governance on safety standards both on products and employment work environment. In addition, expectations of living standards are far less than the western world thus lower wages are acceptable which reduces pressure on industry labor cost; however this is changing. The abundant population reduces labor cost while allowing industry to realizes economy of scales early in production thus reduces the cost of living. This explanation is simplistic at best, but it should help understand the picture a little clearer. Generally the Labour is cheaper in China, the Productivity is quite high compared to many other countries. Infrastructure advantage, Government policies and so on. The expense in China is generally cheap, therefore, the salary is cheaper too. Determining the price of goods is a basic principle of economics. Many factors are involved, such as variable production costs, and fixed production costs, the type of production system, etc. Also in the equation enters protectionist policies, tariffs, taxes, etc. In a nutshell, for many reasons (low production costs due to comparatively low wages is a big factor), producing goods in China costs less than in Western countries. |
| Tags |
| Nepal Maldives Malaysia Korea Japan Indonesia China General - Argentina Mar del Plata Buenos Aires Air Travel |
| Related information |
how about some ren sheng oolong chaaaaaa ...of course you can, no problem, just go to the nearest consulte to you and you can go home to the States, you do not need to return to England ... Pechino e una bella citta! Cheap way to visit...hmmm...fly to Pechino, that will be your largest expense. Stay in hostels, eat at local restaurants and street stalls, take local buses for local ... In Canada? Not many unfortunately. I rarely see Chinese tourists but I wouldn't be able to give you a number. Few business people and students, but they usually don't have much time t... you forgot the "n" in "viking"... Free? Send me the ticket fast...I need to go somewhere, anywhere, preferably China... ...Thousands of cities, villages, and cool places to see. The list is too long to make here. But you cannot go to China once without visiting these "must-see" that you have mentioned. Ch... Where are you from (meaning, what is your passport's country of issuance?)? Costs vary depending on the type of visa you need, the number of entries, and duration. Note that if you are in Cana... Your cyber girlfriend might have the same idea about moving to the States to be with you, so you'd better ask her up front what she wants. My experience is that most Chinese girls can'... |
Categories--Copyright/IP Policy--Contact Webmaster |