• SeattleRain@lemmy.world
    link
    fedilink
    English
    arrow-up
    4
    arrow-down
    3
    ·
    5 months ago

    Yes, by undercutting them with goods produced by Chinese labors getting very low wages.

    • Donkter@lemmy.world
      link
      fedilink
      arrow-up
      4
      ·
      5 months ago

      I believe they actually take a loss on their products until the local stores are priced out, propping up the store on their billions. Then they can jack up their prices to make the money back.