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
I don't believe the current turmoil in the Chinese economy will have long term effects on most of the products we buy from China. The economy in China has been struggling for some time and the government has been actively involved in trying to minimize the damage.
What started the massive decline in the financial markets we are currently experiencing was China's announcement that it was going to devalue its currency to make Chinese products cheaper overseas. Today, China announced it will cut its interest rates to make its products even more competitive.
Short term, we may experience some temporary disruption in the supply chain of some Chinese made products, however, I doubt RV products/parts made in China are going to permanently disappear.
You have to keep in mind the Chinese economy is based on a mercantile system that enriches China by restraining imports and encouraging exports.
What started the massive decline in the financial markets we are currently experiencing was China's announcement that it was going to devalue its currency to make Chinese products cheaper overseas. Today, China announced it will cut its interest rates to make its products even more competitive.
Short term, we may experience some temporary disruption in the supply chain of some Chinese made products, however, I doubt RV products/parts made in China are going to permanently disappear.
You have to keep in mind the Chinese economy is based on a mercantile system that enriches China by restraining imports and encouraging exports.
