Care and Feeding Of The U.S. Consumer  

Oleh:

Perkowski, Jack

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Far Eastern Economic Review vol. 170 no. 07 (Sep. 2007), page 14-17.
Topik: Economic impact; Trade relations; Defective products; Product safety

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: FF21 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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It seems that nearly everyone in the US has a bone to pick with China and its meteoric rise. But China has one important friend: the American consumer. He has been the single largest beneficiary of China's emergence as the world's workshop. But this relationship is in jeopardy. A flood of reports of defective goods from China have shaken confidence in the "Made in China" label. Taking corrective action is productive and China has several tools it can use. Product safety is a serious matter. The "Made in China" crisis suggests that all parties involved have made certain questionable tradeoffs in the pursuit of low prices and economic growth. The recent outcry over Chinese products will make people more cautious and probably cause a temporary slowdown in China's export growth. But its economic integration into the global economy has reached a point of no return and it is in everyone's interest to use this opportunity to take constructive action.

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