3 ms·
China's export economy hasn't been built on crappy knockoffs in 30 years.
by _bxg1 7y ago
China's export economy hasn't been built on crappy knockoffs in 30 years.
- gamblor956 7y agoRight, it's been built on real-estate ponzi schemes for at least the last decade.
- lostlogin 7y agoA disproportionate number of iffy products are Chinese though. There are a couple of situation playing out here in NZ that are pretty bad. Weak steel that will fail under stress being the main one. When used in earthquake strengthening you can see the issue, and it seems to have caused train derailments here too. And we got a batch of dodgy locomotives. Fake milk caused financial problems for a NZ parent company, while in China it was a literal baby killer, with 54,000 hospitalised and 12 killed. Great products come out of Chiba but it has a long way to go. https://i.stuff.co.nz/business/industries/107334763/reopening-of-steel-inquiry-risks-chinese-tension https://i.stuff.co.nz/business/industries/107334763/reopenin... https://www.google.co.nz/amp/s/amp.rnz.co.nz/article/6442509a-9838-44e6-aacc-2f00a8c4d9ad https://www.google.co.nz/amp/s/amp.rnz.co.nz/article/6442509... https://en.m.wikipedia.org/wiki/2008_Chinese_milk_scandal https://en.m.wikipedia.org/wiki/2008_Chinese_milk_scandal