23 June 2007

I heard that, apparently, the Chinese government will be removing rebates for some Chinese manufactures from the next month, thus, some new imports from China will see a price increase of 5%. This was supposedly some WTO thing and pressure from the United States. Hmm...

2 comments:

Anonymous said...

Ya, but their cost of production is still far cheaper than anywhere else in the world.

More expensive? Naahh ...

d;-)

Chuang Shyue Chou said...

Well, a 2.5% is not small. There will be an impact. Not earth-shattering but enough to raise prices by 2.5% to 5.0%.