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The Last Days of Cheap Chinese-Why American consumers are about to start paying more for clothes, el

By Alexandra Harney
Posted Tuesday, April 8, 2008, at 7:33 AM ET

Workers assembling toys on a production line in Shantou, China. Click image to expand.Workers assembling toys on a production line in Shantou, China

For years, American importers and Chinese factory managers have been having the same conversation. The importers would demand lower prices for products destined for American shelves. Factory managers would counter with a long list of reasons why they needed to charge more. Most of the time, the American importers would prevail, and Wal-Mart shoppers would rejoice.

Not anymore. The era of cheap Chinese consumer goods may finally be ending, thanks to irrepressible inflation. Now when the Chinese present their lists, some American importers are conceding higher prices, meaning that American shoppers, for the first time in years, are starting to pick up the tab for rising

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Added: Apr-10-2008 
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  • what will wal-mart shoppers do without thier cheap crap they don't need?

    Posted Apr-10-2008 By 

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  • Oh noes!! Ill have to pay a bit more money for goods that wont poison my pets and children! what are we to do ............I hope china drowns in shark fin soup while being poisoned by lead based painted ceramic bowls.

    Posted Apr-10-2008 By 

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  • Hitler_Is_Amazing: "Oh well guess a pair of pliers from the USA will cost me $6 instead of $5 for the china junk ones. Why should we be supporting these chinamen anyway who we are going to be fighting WW3 with sooner or later?"
    Who is stopping you know to buy those US made pliers. The reality is that most people would rather pay a dollar less if possible. The problem is that made in US pliers will cost you $10 instead of $6. The way American economy is going and the way greenback is More..

    Posted Apr-11-2008 By 

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  • Epitope: "
    anurag_kati: "
    Hitler_Is_Amazing: "Oh well guess a pair of pliers from the USA will cost me $6 instead of $5 for the china junk ones. Why should we be supporting these chinamen anyway who we are going to be fighting WW3 with sooner or later?"
    Who is stopping you know to buy those US made pliers. The reality is that most people would rather pay a dollar less if possible. The problem is that made in US pliers will cost you $10 instead of $6. The way American economy More..
    domestic prices are still pretty stable. It's just the exchange rate that is messing with us. I hope domestic prices don't get out of control in the near future."

    One of my friends is a retail manager in Ohio and he told me today that they were cutting out entire sections of the stores because sales are so bad.

    We've already seen a 25% increase in shelf prices on a good number of food products, the worst is yet to come.

    Posted Apr-11-2008 By 

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  • MolochLives: "
    Epitope: "
    anurag_kati: "
    Hitler_Is_Amazing: "Oh well guess a pair of pliers from the USA will cost me $6 instead of $5 for the china junk ones. Why should we be supporting these chinamen anyway who we are going to be fighting WW3 with sooner or later?"
    Who is stopping you know to buy those US made pliers. The reality is that most people would rather pay a dollar less if possible. The problem is that made in US pliers will cost you $10 instead of $6. The wa More..
    domestic prices are still pretty stable. It's just the exchange rate that is messing with us. I hope domestic prices don't get out of control in the near future."

    One of my friends is a retail manager in Ohio and he told me today that they were cutting out entire sections of the stores because sales are so bad.

    We've already seen a 25% increase in shelf prices on a good number of food products, the worst is yet to come.

    "
    Very true, Stores all over America are seeing a drop in sales. I actually heard construction of new big chain stores are being put on hold for right now. Like you said the way prices are jumping who knows how bad it will get.

    Posted Apr-11-2008 By 

    (1) | Report

  • It's a marriage of convenience. We buy their crap and help them employ their restive population and they buy our debt (600 billion in debt alone) and help keep us from printing money to get by. But the marriage won't last forever

    Posted Apr-10-2008 By 

    (0) | Report

  • atman100: "It's a marriage of convenience. We buy their crap and help them employ their restive population and they buy our debt (600 billion in debt alone) and help keep us from printing money to get by. But the marriage won't last forever"


    If were married to china, I'd rather we just f^*ked
    ourselves.

    Posted Apr-11-2008 By 

    (0) | Report

  • anurag_kati: "
    Hitler_Is_Amazing: "Oh well guess a pair of pliers from the USA will cost me $6 instead of $5 for the china junk ones. Why should we be supporting these chinamen anyway who we are going to be fighting WW3 with sooner or later?"
    Who is stopping you know to buy those US made pliers. The reality is that most people would rather pay a dollar less if possible. The problem is that made in US pliers will cost you $10 instead of $6. The way American economy is going and th More..
    domestic prices are still pretty stable. It's just the exchange rate that is messing with us. I hope domestic prices don't get out of control in the near future.

    Posted Apr-11-2008 By 

    (0) | Report

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  • Comment of user 'gadget69' has been deleted by author (after account deletion)!
  • Oh well guess a pair of pliers from the USA will cost me $6 instead of $5 for the china junk ones. Why should we be supporting these chinamen anyway who we are going to be fighting WW3 with sooner or later?

    Posted Apr-10-2008 By 

    (-1) | Report

  • Yes, dog hair is going though the roof and the kidneys of prisoners went up 30% last month.

    Posted Apr-10-2008 By 

    (-1) | Report