jeypore
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Quality and cost is a correlation that's been going around for last 150 years. Certainly, Chinese have chosen the path of low cost and forgaven the quality aspect for there economic growth. But in there indeavor for low cost they have also forgaven the monotory aspect of all there business. Even banking where they had in past a default rate up to 49%. While cleaning up as each situations arives the price will reach to equilbrium point sooner or later. While in there fight to create a local market, situations like this certainly pushs them back one step.