Why China Isnt Happening Yet


I have found it interesting to read about Chinese tube amps for a fraction of the price of US, how China is taking over the world etc.

A colleague of mine in the trading and investment business is actually thinking that the prosperity of the US is over forever, Medicaid/Medicare and our pension system are bankrupt, interest rates are going up, the housing market is going to collapse and one day Americans will figure out that there is more than one currency in the world.

At that point, the US will experience flight capital for the first time, and then we are really in big trouble.

Now some of this worries me, but I thought is was interesting that of the 6 or so, bargain priced, obviously knocked off in China, toys that were given to my baby boy for Christmas....

NONE of them worked properly?!?!

The robot? He wouldnt wind up, didnt walk, and sparks failed to fly from his mask.

The magic sliding coin tray? Also didnt work, and was so cheesily made that the mechanism was obvious.

Radio controlled car? Had a range of about 10 feet -- no fun at all.

Now none of this excuses the problems we may have here in America, but FYI I am less likely to buy a tube amp from China in the New Year.

Cheers.

cwlondon
cwlondon

Showing 1 response by eldartford

When Japan first began selling sports cars they were knock-offs of classic British cars like the MG...just cheaper.
The next generation were their own designs, and ran circles around the competition. They sold on the basis of quality, not cost. China is just beginning to get into the audio business, manufacturing designs by US and European companies, and making designs based on existing technology. But soon China will put forth their own innovative technology, and our audio companies better get their act together or they will face the same kind of crisis that overcame our auto industry. Chinese engineers are the equal or better than ours, and there are ten times as many of them.