I fricking love it-the numbers,the quality,the organization/discipline-but aren't they all slave labourers????hahahaCountless workers in CSSC are going home after work.
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I fricking love it-the numbers,the quality,the organization/discipline-but aren't they all slave labourers????hahahaCountless workers in CSSC are going home after work.
It makes sense if you see the difference in prices. For example, the Gucci T-shirt sells for $100. But if you get rid of the middleman/dealer and buy it from the manufacturer directly, with a 245% tariff, the price will be a whopping $3.65! No wonder some Western MSM are trying to gaslight their readers from doing it.
I don't understand this angle of buying direct from these factories online because it would still be subject to tariffs and restrictions. There was another suggestion that might be more feasible. Take the medical tourism route but with shopping instead? Supposedly Chinese air fare and luxury hotels are cheap so people can fly to China to go on shopping sprees on those visa free visits. It can be a whole new business.
EU got scared after China fucked Canada up for having 100% tariff on EVs.
The US is trying to appeal to allies' sense of shared values to keep them in-line. What does it say when allies are not listening? And you know Trump talking up how negotiations with Japan are going great because he thinks China will fear the US and Japan are getting closer and thus will run to Trump for a deal.
Based, indeed.
Will this be the Chinese Century?
Probably yes, though that may not mean what people expect.
China Beige Book can't tolerate the fact that even Noah Smith sees the writing on the wall.