Made in China has been a slogan the new generation will be used from birth as if there is something new in the market you can bet that china has probably made the same thing but cheaper. But the Chinese companies wanting to go global are running into shipping problems.
Access to cheap manufacturing at home gave Chinese businesses an advantage overseas. But it’s turning into a disadvantage now, as the pandemic and trade tensions disrupt international supply channels.
“Many goods can’t be shipped out, The cost of shipping containers has climbed five-fold from about $3,000 to as much as $15,000 each, while it takes about a week longer for them to get to Europe,” quoted Fang Xueyu, vice president of international marketing and general manager for Asia-Pacific at Chinese home appliance company Hisense.
“What you have in Europe, what you have around the world, I wouldn’t call it…
