Why has China become such a huge exporter of factory-made goods? Do you think it still will be in 10 years?

Manufacturers in China will say to an importer, “all we need is your sample,” and the factory will work out the details. For this kind of convenience, importers are actually willing to pay a little bit more, and this has been a less talked about contributing factor to rising prices out of China. There will be problems in the production process related to quality, but the convenience factor is still there anyway. For these reasons and more, I think China will continue to be a place where our consumer goods are made.

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