In addition to the above answer, which covers it pretty
well, China's image in the business world has been hurt by the extensive dumping of
goods onto world markets at below cost prices, forcing prices for those goods down
overall and undercutting what domestic manufacturers and growers can charge for their
products. This forces many of them out of business.
This is
especially true in agriculture, where the Chinese have been dumping apples, apple juice
concentrate, and pears (to name a few) and other fruit products. But their dumping
efforts have also included everything from off-road vehicle tires to solar panels to
cigarette lighters. It is part of a long term effort on their part to capture a bigger
share of world trade markets by eliminating some competitors altogether, using what many
consider to be unfair and unethical business and labor
practices.
No comments:
Post a Comment