The Global Impact of Chinese Cheap Goods: A Complex Interplay of Economy, Environment, and Quality
In the last few decades, China has emerged as the world’s manufacturing powerhouse, producing a vast array of goods that are sold at significantly lower prices than those made in other parts of the world. These Chinese-made goods, often dubbed as "cheap goods," have permeated global markets, from bustling street markets in Africa to sophisticated malls in Europe and North America. The sheer scale and low cost of these products have transformed the global trade landscape, contributing to China's rise as an economic superpower.