{"id":14565,"date":"2007-09-08T23:03:08","date_gmt":"2007-09-09T06:03:08","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/2007\/09\/08\/is-made-in-china-pricing-itself-out-of-the-market-mark-kleinman\/"},"modified":"2007-09-08T23:03:08","modified_gmt":"2007-09-09T06:03:08","slug":"is-made-in-china-pricing-itself-out-of-the-market-mark-kleinman","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2007\/09\/is-made-in-china-pricing-itself-out-of-the-market-mark-kleinman\/","title":{"rendered":"Is Made in China Pricing Itself Out of the Market? &#8211; Mark Kleinman"},"content":{"rendered":"<p>Few experiences capture the essence of China&#8217;s rise as an industrial powerhouse as vividly as a journey into one of the vast factory towns of the <a href=\"http:\/\/en.wikipedia.org\/wiki\/Pearl_River_Delta\">Pearl River Delta<\/a>. The chemical fumes and roar of machinery are a reminder that like almost nowhere else in the world, southern China has become the focal point on the compass of global manufacturing.  From Telegraph:<br \/>\n<a href=\"\/wp-content\/uploads\/mt-old\/MIC.php\" onclick=\"window.open('http:\/\/chinadigitaltimes.net\/MIC.php','popup','width=114,height=117,scrollbars=no,resizable=no,toolbar=no,directories=no,location=no,menubar=no,status=no,left=0,top=0'); return false\"><img loading=\"lazy\" decoding=\"async\" src=\"\/wp-content\/uploads\/mt-old\/MIC-thumb.jpg\" width=\"114\" height=\"117\" alt=\"\" \/><\/a><a href=\"\/wp-content\/uploads\/mt-old\/mic2.php\" onclick=\"window.open('http:\/\/chinadigitaltimes.net\/mic2.php','popup','width=184,height=155,scrollbars=no,resizable=no,toolbar=no,directories=no,location=no,menubar=no,status=no,left=0,top=0'); return false\"><img loading=\"lazy\" decoding=\"async\" src=\"\/wp-content\/uploads\/mt-old\/mic2-thumb.jpeg\" width=\"138\" height=\"117\" alt=\"\" \/><\/a><\/p>\n<blockquote><p>In recent years, many Chinese towns have become specialist production lines for dirt-cheap Western consumer goods. In <a href=\"http:\/\/en.wikipedia.org\/wiki\/Foshan\">Foshan<\/a>, for example, the factories churn out electrical products and toys, while <a href=\"http:\/\/en.wikipedia.org\/wiki\/Wenzhou\">Wenzhou<\/a> has a virtual monopoly on the production of cigarette lighters. But while the exports vary, all of these places near mainland China&#8217;s border with Hong Kong have also been exporting something less tangible to the world&#8217;s consumer markets: deflation&#8230;<\/p>\n<p>True, Chinese exports are still rising, fuelling its massive trade surplus. Many multinationals are continuing to outsource incremental production demand to China. Last month, a survey by Deloitte found that more than two-thirds of manufacturers planned to establish or increase production in China. <a href=\"http:\/\/www.telegraph.co.uk\/money\/main.jhtml?xml=\/money\/2007\/09\/05\/bcnchina105.xml\">[Full Text]<\/a><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Few experiences capture the essence of China&#8217;s rise as an industrial powerhouse as vividly as a journey into one of the vast factory towns of the Pearl River Delta. The chemical fumes and roar of machinery are a reminder that like almost nowhere else in the world, southern China has become the focal point on [&hellip;]<\/p>\n","protected":false},"author":77,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[738,3451,471],"class_list":["post-14565","post","type-post","status-publish","format-standard","hentry","category-economy","tag-foreign-trade","tag-foshan","tag-wenzhou","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Is Made in China Pricing Itself Out of the Market? - Mark Kleinman<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/chinadigitaltimes.net\/2007\/09\/is-made-in-china-pricing-itself-out-of-the-market-mark-kleinman\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is Made in China Pricing Itself Out of the Market? - Mark Kleinman\" \/>\n<meta property=\"og:description\" content=\"Few experiences capture the essence of China&#8217;s rise as an industrial powerhouse as vividly as a journey into one of the vast factory towns of the Pearl River Delta. 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