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There is a name for that. It's called Chinesium. https://www.reddit.com/r/Chinesium/ https://www.reddit.com/r/Chinesium/
by edm0nd 6y ago
There is a name for that. It's called Chinesium.
https://www.reddit.com/r/Chinesium/ https://www.reddit.com/r/Chinesium/
- ardy42 6y ago> There is a name for that. It's called Chinesium. That reminds me of a scene in Back to the Future where 1955 Doc Brown mocks a failed Japanese-made component based solely on his stereotypes, and 1985 Marty corrects him and says the Japanese make the best stuff. https://www.youtube.com/watch?v=c1QcjsjjtRc https://www.youtube.com/watch?v=c1QcjsjjtRc
- cmdshiftf4 6y agoIs there any economical incentive for China to produce higher quality goods?
- deleted 6y ago[deleted]
- babesh 6y agoYes. Higher profit margins. Whereas before you were making bad copies of $50 goods, now you make a good copy of $1500 goods. Those more expensive goods carry higher margins.
- mytailorisrich 6y agoObviously. Higher end products attract higher margins and a reputation for quality is a good differentiator compared to competing on price. For example, Huawei is (or was...) going after Apple in the high end smartphone market and they produce extremely good quality products.