Quote:
Originally Posted by unclebilly
China has taken the playbook of a 1980s drug dealer. The ‘goods’ are cheap, almost free so we buy them for a fraction the cost of local product. The reality is that North American companies can’t even buy the material to make this stuff for what it retails for from China.
Let this sink in.
They are obtaining the raw materials, adding value through various manufacturing processes, then it passes through at least 1 middleman (Amazon or whoever), then it is shipped half way around the world for an all in cost less than the materials are worth.
The Chinese government is subsidizing this dumping with the end game of choking out all other countries who manufacture. At that point, there will be no other option (in some cases, there already isnt).
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Yep. They can sell a whole sinkbase cabinet, for example for under 350 bucks. 350 bucks will get me 2.5 piece of plywood.
you just described what Amazon and HomeDepot are doing to all the other smaller business within N America.