eli5: Why are Chinese products so inexpensive? Submitted by Agile-Bench-9386 t3_1167zvx on February 19, 2023 at 11:11 AM in explainlikeimfive 36 comments 6
Kcirnek_ t1_j96wr2d wrote on February 19, 2023 at 6:43 PM China purposely devalues their currency making their goods attractive and also prevents people from buying foreign goods which makes it expensive to import. They purposely create this imbalance. Permalink 1
Viewing a single comment thread. View all comments