Well we all knew that the explosive growth in China couldn't last forever. Look at dot com bubble in the 90's that America had and you can see that. However, manufacturing is one of China's main industries, and they've been taking a beating lately with concerns of product safety.
The latest concerns came as Li Changjiang, head of China’s safety watchdog, claimed the product safety scares were “a new trend of trade protectionism”, and accused some governments of “demonising China’s products”.
Well Mr. Changjiang, were the products unsafe as specified? Were Mattel toys painted with lead based paint? If so, we're not "demonizing" your products out of "protectionism", we're doing it because lead based paint is dangerous and China's been known to cut corners when it comes to product safety. This is just the backlash because of your lax standards. Keep it up and you'll experience a financial crash on a scale that you cannot imagine.
Just take a look at the recent car crash footage I showed a while back of a Chinese made car to see just how badly made Chinese products can be.
Travis
travis@rightwinglunatic.com
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