why are the chinese toys cheaper than indian toys
Answers
Answer:
1. If there would be heavier taxes then the China toys industry have to high money to the Indian government and because of it there market price of Chinese toys increase and nobody will purchase it . 2. Because of the high taxes most of the Chinese industry would stop investing in Indian market
Qᴜᴇꜱᴛɪᴏɴ :
❥ Why are the chinese toys cheaper than indian toys ?
ᴀɴꜱᴡᴇʀ :
➛ Chinese toys tend to be cheaper mainly because of their mass production, as well as using substandard raw materials especially targeting markets like India.
Additionally, the local authorities in China provides several benefits such as government protection, subsidies on purchasing land as well as exporting and loans at cheap interest rates.
This encourages mass production and reduces the cost by such an extent that China dominates the Indian market by a vast difference.
Hope it helps uhh !! ♥