Home / Knowledge / News / Chinese goods command better prices
Chinese goods command better prices
Feb '08
China is finally breaking its image of manufacturing cheap goods. After decades, prices of Chinese goods have shown a rise in the last eight months of 2007.

Some major factors that have helped command better prices and behind this emerging trend are increasing costs of energy and raw materials, falling Dollar and new business rules which is ultimately forcing factories in China to raise their prices of exports.

Export prices rose by a mere 2.4 percent in spite of which experts noticed inflation of 4.1 percent, up from 2.5 percent in 2006.

As a result, consumers in America will have to bear a 10 percent increase in prices of goods including toys, clothing and footwear.

If the Chinese producers succeed in convincing wholesalers to pay more for the manufactured goods, it is quite obvious that the latter would target the retailers who in turn would pass on the burden to the consumers.

Weakening of the dollar against Chinese yuan has played a major role behind this inflation in the US. Dollar was down by 7.6 percent in the last year against yuan and is expected to fall even further this year. This in turn will result in increase in the prices of Chinese goods sold in the US.

Must ReadView All

Courtesy: SIMA

Textiles | On 6th Dec 2016

Amma gave special attention for textile growth in TN: SIMA

Former Tamil Nadu chief minister J Jayalalithaa paid special...

Textiles | On 6th Dec 2016

Cash inflow will revive sales: Textile industry

The textile industry representatives are hopeful of revival of...

Courtesy: EFI Reggiani

Textiles | On 6th Dec 2016

EFI Reggiani shows inkjet textile solutions at India ITME

EFI Reggiani, a leading technology provider of a full range of...

Interviews View All

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search