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It was during the middle of the summer that production of Santa hats, tinsel and LED-lit Christmas trees reached their peak in the city that has come to be known as China's "Christmas Village."
YiWu has been selling that kind of crap for probably 20 years now. Its the garage sale of China, where you can find just about anything in consumer products of low grade quality.
Workers in China are willing to accept low pay, poor work conditions. All that made products affordable.
I tried to have a Christmas decoration company to install LED lights on my house and on two large trees in front of my house, it'd cost me $3,500. I don't want to pay that much. If costs going up because of trade war with China, I don't think anyone wants decorations. Also, I don't believe there are factories, workers in US that make these things.
Shortage and hyperinflation will follow if import tariffs were skyrocketed.
Yeah, I think the worlds holiday decorations are all made in China. Workers in factories in China these days however aren't making the low wages, but yeah making 1k USD monthly compared to a factory worker in the U.S. at what, 3500 usd, is a big difference.
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