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Thread: How to cope with international trade friction?
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[quote=ZOEY,237150]Most of the Chinese enterprises are labour intensive ones. The cost is cheaper so that the price is also low. When exported abroad, those products have the advantage of price. However, this is not good for the local enterprises in other countries. Take Wenzhou lighter as an example. In Wenzhou, the workers in those lighter factories earn 1000 RMB per month. Compared with Chinese workers, the workers in US earn about 3000 to 4000 dollars. Consumers like those cheaper lighters. However, the government adopt some measures to protect their local industry. Thus, those made-in-China products face strict investigations. [/quote]
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