China has another massive headache now: It can’t stem deflation
soupcat @ soupcat @sopuli.xyz Posts 1Comments 74Joined 2 yr. ago
soupcat @ soupcat @sopuli.xyz
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China just makes what people ask it to. So many places moved all their production to China for cheap labour, and most companies trying to skimp on one thing are also going to skimp on others like materials and quality control. iPhones are also made in China and most people consider them to be high quality. The problem is more just capitalism than China specifically.