April 2008
Intermediate to advanced
240 pages
4h 41m
English
The China Price. These are the three scariest words in U.S. industry. Cut your price at least 30%, or lose your customers. Nearly every manufacturer is vulnerable—from furniture to networking gear. The result: A massive shift in economic power is underway.
—Business Week
The China Price refers to the fact that Chinese manufacturers can dramatically undercut competitor prices over a mind-boggling range of goods. As a result of the China Price, China produces more than 70% of the world’s DVDs and toys; more than half of its bikes, cameras, shoes, and telephones; and more than a third of its air conditioners, color TVs, computer monitors, luggage, and microwave ovens. The country has ...
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