The Secret behind Chinese goods at cheap rates

  The Secret behind Chinese Goods at Cheap rates

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How many times have you read Made in China? Have you ever thought about how many types of cheap goods are imported from that country to our country? Chinese products are welcomed not only in our country but also in almost all countries. 

That is why the country is called the factory of the world. No one doubts how the country can provide its products so cheaply. 

There are many workers in China work for low wages. Another reason is the country's economy. With production trends such as low taxes, import tariffs, and the devaluation of the yuan by as much as 30 percent, they control the markets by using large amounts of human resources to sell goods at a lower rate than the rest.

After deciding which industry to set up in which area, the supplier network, distributors, and the producer job group all work together.  

 The government is doing everything it can for them. There are no environmental issues, industrial clearances, or wage issues. No unnecessary expenditure is incurred. It is very inexpensive. The price of any commodity is less as compared to other markets. 

Another interesting aspect is that they artificially reduce the value of their currency. Most of the workers are from the middle and lower middle class. 

There is no concern for child labor. The minimum wage is paid in two ways: per hour or month. There are 31 provinces in China. The hourly minimum wage in Shanghai is higher than in most other regions.     

China is the world's second-biggest economy. It manages 20,985 projects in 165 countries and provides loans and grants to them, impacting their financial systems.

 It invests in Asia, Africa and Europe. It has invested $1.34 trillion and has business partnerships with the US, Hong Kong, Japan, Korea, and Vietnam.

China is also investing heavily in India. China is the world's largest producer of consumer electronics, electricals, textiles, automobiles, chemicals, computers, plastics and medical equipment. This country is making its mark in the world.

--- Murthy KVVS (Mob: 78935 41003) 

(Published in Orissa today news daily,  3-9-2024)

Be Cautious of WhatsApp Usage

 Be Cautious of WhatsApp Usage

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 Checking WhatsApp every day has almost become an unavoidable ritual for everyone. Not once or twice, sometimes quite multiple times with anxiety, for updates that contain pics or messages. 

We will be looked down on if we say that WhatsApp is unknown. It has penetrated our lives so much today. At the same time, most people are trying to reduce their watching time due to various reasons. Eye pain, forgetfulness, insomnia, etc. are some of the ailments we suffer from in case the habit turns into addiction.

There are currently 535.8 million WhatsApp users in our country. And this number is increasing day in and day out. Say, 16.6 percent every year. Be it any place, we can witness lots of people engrossed in such a holy ritual as if it were an inevitable thing for them.

 A whole other world seemed to be absent in their mind. In this info evolving global situation, receiving communication through WhatsApp is a great idea but it should not eat up our other works and habits. Moreover, health-wise, one should be very careful.

I know many serious book readers remain passive towards the habit and are addicted to WhatsApp for hours and hours. 

We have resultantly, ended up with eye pain and insomnia. So one should abide by particular times and stick to it strictly if watching WhatsApp is necessary. Otherwise, avoid the app. 

One more idea is that we shouldn't bring a smartphone when we go out so that we can reduce watching time and at the same time making and receiving calls are also possible with ordinary devices.

Being in some groups is mandatory if we are socially active in any diverse engagements. Then, adopting habits like not opening unnecessary videos gives us ample time for us to do other things.

 Don't argue in groups. It consumes most of our time for nothing. WhatsApp is a sword with two edges. It should be an added asset but not cause to procrastination in our other important work including health hazards. The time-tested adage goes like this, too much of everything is good for nothing.

----- KVVS Murthy (Mobile: 78935 41003)

(Printed in Orissa Today News English Daily on 29/7/24