For a long time, Chinese production has been synonymous with corner-cutting and cheap goods.
Our system has delivered a flood of cheap goods thanks to large institutions.
In the past Korean electronics companies copied Sony and its Japanese cohorts in their early years by exporting cheap goods.
These economies are popularly perceived as excessively export-dependent, flooding the world with cheap goods, but doing little to boost demand.
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He said the loss of US jobs was due to a poor export performance, rather than imports of cheap goods.
Countries that have leant on exporting cheap goods to the rich world need instead to turn to internal sources of spending.
"Chinese migrants or former labourers on construction sites are opening shops, using their contacts to get cheap goods from China, " he says.
Cheap goods often expand our purchasing power for other goods, but if cars are destroyed, some will find their spending power greatly reduced.
Mr Kalyani says he was early to realise that India could not be a success relying on cheap labour to produce cheap goods.
The report says the global economic crisis is boosting the demand for human trafficking because of a growing demand for cheap goods and services.
It's a fact of a global economy, and will continue to be, as long as Americans (and Europeans) demand cheap goods--and incomes in emerging economies remain low.
The Fed's hawkish credibility, along with cheap goods from China and other low-wage countries, has helped to keep consumer-price inflation relatively tame despite exceptionally loose monetary policy.
By curbing exports in these industries, China alleviates some of its friction with manufacturers in the U.S. and Europe that accuse the Asian country of dumping its cheap goods abroad.
Oracle saved businesses a fortune, and they passed the savings along to the rest of us in the form of everything from cheap goods at Walmart to cheap trades at Charles Schwab.
In addition, he cuts money for student loans, supports the importing of cheap goods and the outsourcing of our middle class jobs and attacks our environment in the name of corporate profits.
It may also help China to develop domestic demand that can take up the slack when America's appetite for cheap goods falters, as it inevitably must given the paucity of its national savings.
If the yet-to-be-named car is a success when it goes on sale next year, it would herald the emergence of Tata Motors on the global auto scene, mark the advent of India as a global center for small-car production and represent a victory for those who advocate making cheap goods for potential customers at the "bottom of the pyramid" in emerging markets.
Though this sort of overheating would normally trigger inflation, it's plausible that prices were held in check by a combination of cheap Chinese goods and cheap labor from East European immigrants.
Either the Chinese goods they do buy are more expensive or the not-Chinese goods they buy instead are more expensive because of the absence of the cheap Chinese goods.
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He agrees with Pichler that the problem is symptomatic of the West's culture of cheap disposable goods.
And many of them are setting their sights on US shores, where an admired iconic culture and cheap luxury goods beckon.
She repeatedly demanded that Mr Ma tell her how many jobs would be lost to a flood of cheap Chinese goods.
China has a big surplus with America which reflects America's appetite for cheap Chinese goods but its global trade is roughly in balance.
Countries around the world, including the United States, are losing jobs because their manufacturing industries cannot compete with artificially cheap Chinese goods.
Yaohan owns 29% of the Whimsy amusement arcades, which reward winners with tickets that can be exchanged for toys and cheap electrical goods.
Some day China may overtake Taiwan as a producer of semiconductors, but for now it remains a high-volume, low-end producer of cheap consumer goods.
It could withstand the influx of cheap Asian goods cars, electronics and textiles that are pouring in, despite the barriers of Mercosur, the South American trade grouping.
In addition, cheap Chinese goods in particular, textiles have flooded African markets, wiping out competition, crippling local enterprises, closing factories and adding to widespread unemployment.
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