Why is the world allowing China to dominate the market?

Question

Shoddy and dangerous materials, shifty and very questionable trade and business practices, immoral and controlling government, yet everything we buy and sell is "made in China". Boggles the mind!

How about this, most countries slap trade tariffs and refuse American goods over the tiniest matters (Japan refuses American and Canadian beef for over 5 years over one diesesed cow, yet allows Chinese spinich imports to continue 6 months after several people died from salmanilla poisoning and dioxin laden garlic and cabbage), yet China is gets to keep sending and selling more junk, recall after recall.

Answer 1

Here in the U.S., unregulated insurance companies, labor unions, and frivolous lawsuits, have forced much of our industry oversees as they have turned private enterprise into an uphill legal battle. Loose trade regulations have allowed all of this to happen. The result is good for business though. Labor costs are cheaper oversees, materials are generally cheaper and there is no hassle with greedy labor unions, insurance companies, etc. This is VERY bad for the U.S. market and the consumer, because while for a short while, consumers will enjoy lower prices and inflation, that all will change once countries like China wise up and begin cornering the world market in certain industries. We will then completely be at their mercy. Also, what do you think will happen to our market after years of sending the greater percentage of our money oversees?

So all of you who insist on buying foreign-made vehicles. - Thank you.
All of you who feel so noble because you want to protect the environment an are preventing the US from drilling for our own oil. Thank you.
All of you who frankly don't care if the products you buy are made in the U.S. Thank you.

I'm sure our children will thank you too as they toil to rebuild what you have destroyed.

Answer 2

Per person, China is still way down on the list of CO2 producers. And that while being the centre of worlds industry. Sounds a pretty good effort. If other countries managed to reduce there per person CO2 production to the same levels would be fantastic. Yes China is moving faster than most to where the world's economies will be. They see a market opportunity. They will make the most of it. Any country that does not take part will be seriously left behind. Not just solar panels but LEDs for general lighting, and a whole raft of new technologies. The US and most Western democracy's suffer from the big failing of Democracy.. Little long term vision. As politicians are largely voted in on the basis of popularity, not brains, there is no appetite for making unpopular decisions. You won't get re elected. Climate change is an almost impossible proposition to sell, no clear discernible immediate effects and costs now for a payoff some years in the future. Not a great policy platform. If the public is well educated, scientifically literate, you have some hope, but ....... Guess you can get a measure of general levels of sophistication [education] of the general population by who they elect. How easily they fall for pretty obvious propaganda.

Answer 3

$1 an hour for a living wage vs $20 an hour

There is your answer.

As far as shoddy and dangerous materials, please stop driving your car --- it has a lot of Chinese parts, guaranteed.
Stop using your toaster, refridge, blender, computer, hell, just about everything in your house you use and trust.

As far as questionable trade and business practices -- Please explain what you mean by that? Do you know, or does it sound like a great sound bite you heard somewhere else? Did you know they have and believe in a free market system.

Immoral and controlling government?
That immoral and controlling government hasn't invaded any country in over 30 years and have given their people more freedom and say in their lives and government then anytime in their 5,000 year history.

It does not boggle the mind that China has the lions share of consumer products sold in America and many parts of the world. Considering they have a labor force of over 800 million people and a living cost substantially less then the western world.

If you don't understand what I am talking about, please take a course in economics 101 and concentrate on supply and demand.

Signed, an ex pat from the USA that lives in the heart of China.

Peace

Jim

.

Answer 4

The world has no moral compass. Charles Darwin was right, it is the battle of the fittest.
In this case, it was wealth that made might!
The economics of trade demanded that goods be produced in China and sold in the U.S..
Henry Kissinger was around long enough to know about it. He was Nixon's secretary of state and was responsibe for the opening up of trade with China.
His firm, "China Joint Ventures" took U.S. businesmen to China and introduced them to the Chinese leaders in the beginning,
The world only does what the world does best. It just keeps spinning.

Answer 5

The world isn't "allowing" China to do anything. It doesn't need permission.

If you want to know why China is marketing their products so successfully, then I think the answer is consumerism. Cost matters more to most shoppers than value.

Answer 6

Greed.

The people demand lower cost products, they get what they pay for.

The corporations demand more profit margin, they get what they pay for.

The end result is more globalization and less freedom.

Answer 7

markets act as per demand.so it is market economics that is supporting china,dont blame anyone

Answer 8

Everyone is "Penny wise pound foolish"
Just "For a few dollars more"
They want it all "Cheap,cheap."
A one dollar towel that can't even dry our body after shower.
What do you think?

Answer 9

Thanks to Bill and Hillary, China rules.