China Products

In: Business and Management

Submitted By scarlet456
Words 1042
Pages 5
If you have looked at the cases of many products, you wouldn't be unfamiliar with the words "made in China". More than 80% of products are made in China. These products are cheaper, more beautiful and delicate than those made elsewhere because of China's technology, its productivity, and its economy are in a stage of high pace development. In addition, China has an advantage in population that other countries do not have, which creates a cheaper labor force. Consequently, more and more investors decide to establish their produce factories in China in order to reduce their production expense. However, not every made-in-China-product is genuine. There are lots of Chinese companies that are producing fake or imitational products and then inject them into the Chinese market. Consequently, fake products play an important role in the Chinese market. It's a pretty big problem because the fake products reduce the original companies' profit, decrease designer's passion, and produce so much inconvenience. It is clear that the fake product-problem has to be solved in the future.
The existence of fake products is the 2nd largest problem of Chinese market economy. It would reduce some original companies' profit and increase transaction expense of consumer. Because the market of a product might be seized by its similar but fake products, the company need to spend great sums of money to attack the fake products company. The purchaser also needs to spend lots of money to avoid fake products when a transaction occurs. In addition, fake product decrease designer or innovators' passion, because nobody would like to see their fruits' of labor deprived by others. It's not right when they have done the hardest work but the income was earned by others. Finally, more and more Chinese designers prefer to create products for other countries' companies, because they would earn so much more…...

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