CHINA why the reliance regarding RV parts & accessories
WORLD'S SHARE CHINA IMPORTS THIS NOT NOT NOT NOT NOT ABOUT TRADE ISSUES SO CAN IT. IT IS ABOUT THE HOW AND WHY OF RAW MATERIAL TO MAKE R.V. ACCESSORIES
Forum Discussion
IMO, we're going to see liquidation prices on many US consumer items produced in China for the short-term. Once excess inventory is reduced and the Chinese market stabilizes (survival of the fittest), we'll see a steady, long-term increase in the price of all US consumer goods produced in China.
China will probably soon discover (inadvertently) the successful and profitable strategy of purposely reducing production to increase profit works well---just like it does for US refineries.
This strategy will work until another producer of inexpensive consumer products steps up to the plate. Years ago it used to Japan, until their labor costs skyrocketed. Now it's China and Korea. Just a matter of time before their labor costs skyrocket, too.
Want to buy cheap LED's and RV parts on eBay 5-10 years from now? Not to worry, China will probably open up plants in India to produce them--lol!
China will probably soon discover (inadvertently) the successful and profitable strategy of purposely reducing production to increase profit works well---just like it does for US refineries.
This strategy will work until another producer of inexpensive consumer products steps up to the plate. Years ago it used to Japan, until their labor costs skyrocketed. Now it's China and Korea. Just a matter of time before their labor costs skyrocket, too.
Want to buy cheap LED's and RV parts on eBay 5-10 years from now? Not to worry, China will probably open up plants in India to produce them--lol!
