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Can We Live Without Chinese Products?

Can We Live Without Chinese Products?

We all know China is a country that produces consumer products as well as leads in electronic technology in the world. Most of the items we use every day are sourced from China. But have you ever wondered Can We Live Without Chinese Products?

The popularity of Chinese products in daily life

In the 1990s, a large European ready-to-wear company discovered its trademark was registered in an Asian country where it was planning to open its headquarters. What is even more remarkable is that the company that registered the trademark is a competitor of this business. Since then, many foreign businesses have encountered similar problems in China.

Some Chinese enterprises are not copyists but are considered super copyists. There are times when China has become the home of the “champions” in this field in Asia, where copying is a way of “learning” preferred over creativity.

In parallel with the fact that there are enterprises producing counterfeit goods, China is making efforts to protect its brands. For several years now, the government has taken measures to support enterprises to register their trademarks or goods abroad. This is the first information in the article Can We Live Without Chinese Products?

From 2004 to 2017, the number of Chinese trademarks registered in Europe increased fivefold and eightfold compared with the number of US trademarks. The most obvious competition is in the field of information technology. About 8% of new apps in the US are from China, ahead of Germany, the UK, and Canada.

From the invention to the dissemination of new products or technologies, standards are needed. In Europe, the state coordinates and funds the standards-making process. In the United States, this process is mainly carried out by industry associations.

Firms that control the technologies used as benchmarks have a huge competitive advantage. Competitors of these businesses are forced to buy their equipment or licenses to use them. The most typical is the case of Qualcomm with LTE, 3G, and 4G technology patents.

Every year, the US “giant” in mobile phone technology makes several tens of billions of dollars in profits from its patents, China alone in 2014 brought in Qualcomm $ 8 billion. Profits are particularly high in industries, and profits are even greater when standards are set by only one party.

Since the Chinese authorities passed a new law on standards, standards are no longer developed and controlled by the state, but mainly by industry associations. At the same time, Beijing is also seeking to internationalize Chinese standards. The “One Belt, One Road” project is a way to disseminate Chinese standards.

When Beijing invests in foreign infrastructure construction, it does not intend to improve governance in that country, but to pressure these countries to use the standards set by China in many fields: Roads, railways, high-speed trains, and power transmission lines. This is a follow-up in Can We Live Without Chinese Products?

Can We Live Without Chinese Products?

Even as protests grow over U.S. imports from China, many Americans may find themselves finding it difficult to manage without a wide variety of proprietary products on the market. Safety concerns for Chinese-made goods have prompted further discussion in Congress to consider the safety of imported goods.

However, economists and consumers say that Chinese-made products have become so ubiquitous that they are almost indispensable in their daily lives. This is also something that can be confirmed in Can We Live Without Chinese Products?

Many surveys have taken place about Chinese products in people’s daily lives, but giving up Chinese products seems unrealistic. The simple proof is that things such as mobile phones, nebulizers, or even televisions all come from China.

Statistics show that China exported some products worth $290 billion to the US in 2006. This shows the popularity of China-originated items in the international market. Although a lot of people think that everyday consumer products from China are of poor quality, it is undeniable that such items are essential to everyone’s daily life.

Many countries around the world choose China as the top country to import consumer goods. Is that also the next information in Can We Live Without Chinese Products? Products originating from China have been popular in the lives of consumers in many countries around the world.

Not only does it stop at fashion clothes and shoes, but a large part of consumers also imports furniture and electronic equipment from here, and has a good price. Chinese goods are cheap and suitable for the income of many countries around the world.

If the items originate from Japan, Korea, or the United States … make buyers shake their heads, and regret not being able to own them, then with Chinese goods, you can immediately decide to choose without them.

No worries because the price is quite cheap. Consumers get bargains at cheap prices, and small traders do not have to spend a lot of capital to do business but quickly have the capital to rotate. The design of goods originating from China is also extremely rich, this place is known as the “paradise of fakes”.

In addition to self-designed items, Chinese factories also produce fake goods identical to branded goods, satisfying the needs of consumers when their income cannot reach the goods. high-class.
Many people doubt the quality of goods labeled Made in China.

Because, they think that the goods here are widely produced, made of cheap materials, and are not tested before being supplied to consumers. In particular, information about fake, fake, fake Chinese goods is present in newspapers and media, which is even more deeply engraved in the perception that Chinese goods are not good.

However, it is still difficult for many people to claim that it is possible to completely separate goods originating from China. This is also the last information in Can We Live Without Chinese Products?

Hope the article Can We Live Without Chinese Products? will provide you with useful information.

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