The China Price
While that popular “ made in China ” label won’t be disappearing from the international market anytime soon, buyers across the globe are becoming increasingly conscious that pricing by Chinese suppliers is on the up and up… and up. The only real variable is the reason for these frequent pricing increases. As inconvenient as these price hikes may be, they appear to be equally as valid. Labor is both expensive and scarce, access to affordable credit is fast becoming limited to larger companies, and credit rates for companies across the board are rising. However, promising murmurs of an abrupt price decline are beginning to gain traction for various reasons.
To read more, click here.