In response, China threatened to dump U.S. Treasury bonds it holds.:-)
Ping!
I paid over 100 bucks for a pair of Smith Factor Polorized Crystal Fuel sunglasses and discovered a made in china stamp on them today. Bummer.
Not smart. Like that means anything to the average American consumer...
What China just can’t grasp is in order to have trust there must be transparency. But China does the opposite. When something bad happens and US inspectors are finally allowed in, the building where contaminated product was claimed to have been made is empty. No transparency, just a brick wall. It won’t work.
ping
I am very happy about this. We must wean ourselves dependence on cheap Chinese goods - even if it means short-term hardship. China is not our friend; they are an ancient and proud society, independent. Let’s increase their independence a little by taking our business elsewhere... When Communism fails there, when Tibet is free, when Tiananmen Square and countless millions of smaller but equally brutal incidents become part of a PAST epoch, I’ll change my tune a bit.
I already boycott anything labeled “made in China” and anything else I suspect was manufactured there.
That’s what happens when you put profits ahead of safety and take a chance on poisoning us and our pets.
As far as I’m concerned, I’ll never trust Chinese work again. You only get one free chance to kill me.
Due to China’s large US dollar holdings, any organized attempt by the American consumer to boycott Chinese goods would likely be strongly opposed by the Feds.
I always look at labels and country of origin now. Unfortunately it doesn’t always help with food products.
They say they support a boycott right before they leave to shop for them at Wal-mart.
Look for lots of "American" corporations' support for the Chi-Coms; ditto on the Internet via goggle and YaHu!
For you authors, how about a book, "How to avoid buying 'Made in China'."
Lately I have been doing an occasional item reject at the checkstand at stores, when it gets scanned and rung up I get ready to pay and then I happen to “notice” it was Made in China, I then refuse to pay for it. I know its not much of a statement but other shoppers see and hear it.
Naively I thought one could 'trust' a toy made by Fischer-Price.
I know there’s a good reason, but it escapes me on the surface! Many thanks for any Finance 101 info someone can provide.
One only has to look at S. Korea and their auto exports. They had increased, during the 80's, because of price and then decreased, during the 90's, because of a lack of quality. Since then, the S. Koreans have addressed consumer concerns regarding autos and are on their way to becoming a major auto exporter (if they are not already).
I believe China will address quality issues as well. And not only address them, but move onto autos. I believe one day, in the not too distant future, America will import more autos from China than anywhere else in the world. And not just because of price, but because of quality as well.
China is sure to have set backs, such as what is happening now with tainted items. But in the long run, more products will inevitably flow from China.
Don’t forget about the defective tires that could kill us on the highways!
And we were going to allow China to make and supply the US with the ‘morning after’ pill. Simply amazing. Would it be beyond belief that... after a few years of taking a birth control pill made in China....those trusting Americans would find themselves unable to procreate at all? Somehow...I don’t think so.
I wonder if there is a still a movement by the WH and Congress to remove “Country of Origin” labels still, as third world countries like China sell us tainted and poisoned goods.
COUNTRY OF ORIGIN should be on EVERY single product sold in the US...
Its insane, Millions of americans are unknowingly using products, taking vitamins, etc that are from China, and frankly have zero confidence they are what they say they are.
This should be a requirement of EVERY product on the shelves... most vitamins now are made in China, but try and find that fact on a single bottle in the stores.
I don’t know why all packaged and processed food are not required to be labelled with the country of origin of the major ingredient(s). Heck, in many cases they’re not even labelled with the country of manufacture - just an “Imported by:” blurb. I will not knowningly buy any food product made in China or using ingredients produced in China, strictly out of food safety concerns.