How can china sell its product cheap ?

It is actually not that cheap you are thinking of. It depends on a lot of factors. Like i have a company and i selected china guys to make my things or work for me. They will do according to my instruction and maintain the quality. I will pay high for quality, of course.

The main reason they are cheaper because they got a lot of peoples working together and also their rate is cheap compared with other country peoples.

Both Quality and low Quality, Depends on your order type and investment.
 
China has favored nation status and we subsidize their postage to where it can be cheaper to send to america from china, then it is to send domestically.
 
Cheap resources and cheap man power is their main power. That the reason they always want to occupy more land and resources for their country.
 
This is what happens when you have a seriously under-developed economy and then it gets unshackled: growth by leaps and bounds.

And growth always translates to low prices. This is because during growth periods, the capital structure is more efficiently allocated and thus leads to low costs of production and quality increase.

This won't last forever for various reasons I won't analyze now. But while it does, it's awesome for everyone involved. Locals get out of poverty into the middle class, country gets infrastructure and capital, importers get cheap products. So much win all-around.

You are right, jazzc MOD.
Thanks for your valuable time here..
 
everything is made in china, even your iphone lol
 
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