According to the Nov. 12 Wall Street Journal, prices of goods shipped from China have fallen around 20% this year, according to Dutch bank ABN AMRO. Economists say this is a sign that Chinese sellers are discounting to preserve or expand market share during a period of weaker global demand.
“With a weakening economy, China naturally looks for exports,” said Brad Setser, a scholar at the Council on Foreign Relations, “but any meaningful expansion…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.
