The China Price from Business Weekly# Living
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from this week's business weekly,
http://biz.yahoo.com/bizwk/041126/b3911401_1.html
Quote '
In bedroom furniture, 59 U.S. plants employing 15,500 workers have
closed since January, 2001, as Chinese imports have rocketed 221%, to
$1.4 billion -- half of the U.S. market. Prices have plunged 30%.
Dumping certainly seems to be one factor: At its Galax (Va.) factory,
Vaughan-Bassett Furniture Co. displays a Chinese knockoff of one of
its dressers that wholesales for $105 -- below the world market cos
http://biz.yahoo.com/bizwk/041126/b3911401_1.html
Quote '
In bedroom furniture, 59 U.S. plants employing 15,500 workers have
closed since January, 2001, as Chinese imports have rocketed 221%, to
$1.4 billion -- half of the U.S. market. Prices have plunged 30%.
Dumping certainly seems to be one factor: At its Galax (Va.) factory,
Vaughan-Bassett Furniture Co. displays a Chinese knockoff of one of
its dressers that wholesales for $105 -- below the world market cos