Joyagoo Spreadsheet: Unraveling Why Chinese Products Are Cheaper and How to Shop Smart Why Chinese Products Are Cheaper: A Deep Dive Ever wondered why Chinese products are cheaper than their counterparts from other countries? The answer lies in a combination of factors including lower labor costs, efficient manufacturing processes, and economies of scale. China’s vast manufacturing ecosystem allows for the production of goods at a fraction of the cost seen in Western countries. Additionally, the Chinese government often provides subsidies to manufacturers, further reducing production costs. This, coupled with the country’s extensive supply chain networks, enables businesses to offer products at competitive prices without compromising on quality. For savvy shoppers…