3 ms·
Quality isn't really rewarded in sales. To the upper end up society, sure, but China is generally "good enough" on the quality side that prefer cheaper in the m
by Incipient 3y ago
Quality isn't really rewarded in sales. To the upper end up society, sure, but China is generally "good enough" on the quality side that prefer cheaper in the main.
The Chinese govt supporting new markets to enhance competitiveness and have abuseable labour basically makes them unbeatable.
- fnordpiglet 3y agoI would say Toyota proved that isn’t true. American car makers tried a price only strategy and it led to a terrible reputation for low quality and opened the door to being totally pwned by Toyota, who offered more expensive but vastly higher quality products. The real test will be if Chinese car makers can leverage the ill gotten IP sufficiently to develop high quality products that are reliable and have high quality service experiences. I suspect they can meet quality standards, as quality control has met western standards in Chinese manufacturing of western products for some time. But establishing a service infrastructure will be a challenge in European and American markets that meets expectations. There is also a trend of corner cutting for domestic Chinese companies akin to 1980’s American car makers that will be interesting to watch, especially as time goes on and the initial focus on expansion wanes and BAU sets in. Hopefully though this will ultimately lead to more domestic research and less industrial espionage and forced transfer agreement based businesses, and all boats will rise from more competitive and research pressure globally.