This is ofcourse related with the international economics topic, most of the things coming in the market, utensils, pots, pans, radio, taperecorders, cell phone with double sim-cards, toys, electronic toys, computers, everything they are keeping forward with the rest world for a cheap use in cheap cost. Today the definition of consumerism is changing rapidly, people are attracts normally in front of low price items, and they demand for that, and the overall transaction is made with a giant profit for those companies who are making these items.

In the bilateral trade practices, the china is looking ahead in this area. For acquiring big forex(foreign exchange) such exports usually assist in gaining the big profits and reserves of funds, in some countries, they are demanding such items, because their own cost of production is much higher than the items for those they want import from other places, they have to pay more, but for Chinese items the cost is within limits, and today we are looking that every country's management is preparing to downsize the "cost-management" to a minimum level.

China can lead the world in the next generation "commodity" war with the rest world, and earn huge profits through it. (infact today Chinese items are leading in the market everywhere), last time my relative returned after visiting US, and brought "a Chinese toy" for my daughter, I refuse to accept normally, but thought that he has brought something, hence kept and opened, that toy was made of china and was "water bubble- gun", in my childhood, we normally took the plate in which we dropped some surf into water and later we could play some bubbles in the air by creating through a pipe and pumping from the mouth. So, Chinese company made that thing into a battery-powered gun to discharge the rapid water bubbles through it.

Well, let's have a look at the claim "infact today Chinese items are leading in the market everywhere." I don't know where you live, but should I go out on a limb and guess - the United States?

If so, then the country you live in has been leading the world in manufacturing. With a population of about one fourth of China's, it produces twice the value of manufactured goods that China does, so that the average American produces approximately eight times the manufactured value produced by the average Chinese. Furthermore, the United States has been increasing its share of the world's manufacturing sector recently.

The United States and other rich countries could lower their wages to the Chinese level, abandon the manufacture of high priced specialty goods, and start manufacturing low cost simple consumer goods instead. I'm just not sure why they would want to.

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montebianco,

suntrack2 is from India.

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Yes Montebianco, your thoughts are quite right. (I am not pleading my point with china vs US) , in general I am talking. Today what we are looking that in the globalization the cheap goods are receiving with a cheap quality, is due to the extra demand to it!, do you think that in meeting the orders the companies are neglecting its quality!, moreover number of items are coming in the market with a "use and throw" concept, though they are cheap, shall we not expect to keep them remain for more days, but most of such cheap items are looking the "garbage bucket".

I know that the United States surely not lagging behind in the manufacturing speed of the commodities, and as you said for high price material manufacturing cost is more in the US, even after this the US total export is on a great levels, this is much good thing. In the globalization the capitalistic countries are grabbing the big share of profit through their strategic selling of the number of commodities, and keeping a pace with the "capitalistic-status" to remain in the market and are trying to fight or postpone the sickness of the capitalism, because the GATT is somehow more suitable for the capitalistic countries, only because of they are strong and able to raise the capital at any time and at any place, so they don't bother about their product's selling in the market. But for say other small countries and are specialist in some items are remaining in the competition of commodity market are spending their capital to compete in the current scinario, are nothing but just surviving at the bottom level.