If you observe the canadian consumer market one will notice that every product is having made in china lable. There is hardly any product in consumer industry which is made in Canada.

Moreover the price of a product when it is sold to the user it multiplies by six folds. The ratio is simple: A chinese product which cost 1 RMB in china when it comes to Canada stores it becomes 1 CND plus taxes. It means we pay 6 times for every product we purchase, buy, consume.

Just observe this and contribute your views. Where the rest of money goes even after considering 100% profit for the seller.

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mazza karo all the time.

Isn't that a rather funny question? Who told you that profit is always limited to 100%? Why can't the profit be 600%? The seller does not determine his profit. It is the demand that determines it. If the consumer is willing to pay 6 time the cost which stupid seller will refuse to accept 600% profit?? And where will the money go other than the seller's pocket?

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wisernow

There r some other costs associated with this business.
Costs like

1. Shipping from China to Canada.
2. Taxes in both China and Canada
3. Rents/salaries for the stores
4. Any advertising expenses.
5. And lots of MiddleMen.

If you add all that the profit would be around 20-50 %.. for some stuff they do make a lot of money.. but not for everything.

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Your attitude, not your aptitude, will determine your altitude.

if ur so concerned about where the profits are going, why don't u start sourcing and pocket the 100% profit, i think the seller deserves to make a profit which the cost of purchasing, marketing, setting up a company etc.

Many products are not Made in Canada, because Canadian labour is much more expensive than Chinese labour. To sum it up, people in China work for less, and thus it's a business choice for companies --- even Canadian companies to send products to China for Manufacturing. That doesn't mean China actually produces these products, in fact many of the products made in China are designed and researched abroad from China. It's the same case with Taiwan.

So it's really nothing to be proud of.

The Chinese products have not only invaded the North American markets but also markets of all the major world economies. It started with a trickle about 20 years ago and now it is unstoppable.

The reason for low cost lies in the fact that Chinese labour cost is controlled by the Government and currency value is fixed and does not change. That explains why all the multinationals have manufacturing outsourced from China.

It is a blessing in disguise that Chinese have poor English skills otherwise all the non-manufacturing jobs-the so-called soft jobs-would also have gone to them instead of going to India.

As far as the question of profiting is concerned, my answer is-That is what the business is all about.

Ever thought of the cost of living here if the market was not flooded with goods from China?

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Man's Best Friend

I agree fully with Teja gill. But with respect to China invading all the markets, what is the local industrial scene. can we see why we still work in pizza huts and coffee shops? Because Canada cannot afford to run any industry infront of chinese cut throat competition. Canada is loosing its technical manpower, its economy to china. Same is true with many other countries with regards to china. There will be a day when all the canadians will only remain in service industry. No mfring, no production, no engineering. Only eat, spend, sleep with old technology, old designs. Still canada has hardly 5 handphones for every canadian and that too the old instruments . Still I presume many Asian countries are far more ahead in adapting newer technology and designs when compared to canada.