2 ms·
Coming at this from the other side - I don't think the producers of cheap junk will be around forever. My understanding is that the sea of crappy stuff from Ch
by legitster 3y ago
Coming at this from the other side - I don't think the producers of cheap junk will be around forever.
My understanding is that the sea of crappy stuff from China you see in places like Dollar Tree or Temu is more or less a result of their industrial and export subsidy programs - some of them are little more than a recycling of waste products or waste capacity from a factory getting established.
The same stuff we used to crank out when we used to have small tool and die shops in the us - we just don't remember the crap that didn't survive.
But we are seeing a lot of macro changes going on in China and even despite increasing subsidies it is almost unsustainable at these levels in the long run.
- AnimalMuppet 3y agoSmall tool-and-die shops in the US didn't have the infinite advertising budget that Temu seems to have.
- legitster 3y agoTemu is the reseller, not a manufacturer. They have so much cheap crap listed because they are basically offloading junk that's being manufactured at a loss.