4 ms·
Europeans won't buy Chinese goods because the quality is horrible, and they understand that by buying them, they would be making themselves poorer and jeopardiz
by Annatar 10y ago
Europeans won't buy Chinese goods because the quality is horrible, and they understand that by buying them, they would be making themselves poorer and jeopardize their own jobs and economy, even if they are the cheapest. So the only way for the Chinese to make inroads was to start buying European companies, and then infiltrate their goods into Europe that way. At least they will try, and in the long term, nothing short of major political interventions will stop them from eventually moving those jobs to China, where the labor is cheaper... cheaper for now.
I for one don't want to support oligarchs in People's Republic of China exploiting people who have to work 16 hour days for six days per week for low pay. We had that in Europe in the 19th century, and we learned that it leads to really low standard of living. It's exploitation.