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| *The Commerce Journal>>>Other - Business & Finance |
What is the China Price Project? |
What is the China Price Project? Chinese manufacturers have the capability to significantly undercut prices offered by foreign competitors over a wide range of products. Today, as a result of the 鈥淐hina Price,鈥?China has captured over 70% of the world鈥檚 market share for DVDs and toys, more than half for bikes, cameras, shoes, and telephones; and more than a third for air conditioners, color TVs, computer monitors, luggage, and microwave ovens. It also has established dominant market positions in everything from furniture, refrigerators and washing machines to jeans and underwear. |
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