Are Chinese made goods affordable in all geographies?
Does China purchase mainly Chinese goods?
Africa?
Europe?
Laos, Vietnam, Thailand?
Are Chinese made goods affordable in all geographies?
Does China purchase mainly Chinese goods?
Africa?
Europe?
Laos, Vietnam, Thailand?
What do you mean by Chinese goods?
If it is the cheap retail goods, then yes they are very present in Africa and Asia. And in certain areas for EU zone, but more for the low income segments.
If it is Chinese industrial goods, like the industrial engines or the farm tractors, it is true again in Africa, but this is mostly for the very price sensitive markets, where otherwise it is the European or the Japanese or the Korean industrial manufactures that are the most dominant.
In China you must know that in fact industrial engines and tooling are particularly bought from Europe.
So if you say the Chinese goods, you have to make a difference between the cheap consumer goods destined to the retail market and industrial goods.
Sorry, i meant to add that in. I mean retail goods.
There are lots of goods in Thailand carrying the “Made in China” label. Same with other Southeast Asian countries.