Good that prices are coming down on stuff but I can't see how any of these companies here making stuff will stay in business competing against China.
Consumers say local products are too pricey, while manufacturers claim that taxes, banking fees are sinking their ability to compete
buenosairesherald.com
Argentina should think this through very carefully. Amazon devastated shopping malls and has pushed department stores and bookstores to the brink of extinction. Commercial property vacancies have never fully recovered. Now, it’s slowly taking over nearly every commerce channel—domestic freight, car sales, pharmaceuticals, even healthcare.
Critics rightly point out that Amazon replaced good, middle-class jobs with warehouse work driven by punishing productivity metrics. Yet, at least in the U.S., you can argue that the logistics, jobs, technology, and infrastructure remain
within the country.
For Argentina to throw open the doors to a Chinese version of Amazon without understanding the impact on its own labor market isn’t just shortsighted—it’s dangerous. Chinese factories are propped up by state-backed financing and opaque “shadow banking” subsidies. Their dumping practices—flooding markets with underpriced goods to capture foreign trade—pose a very real threat.
Argentine businesses should strive to be more competitive, yes, but it’s naive to think local manufacturing can match China’s artificially low production costs on equal terms. Before pretending that clothes made in Argentina can be as cheap as those made in China, the government would do far better to study how China supports its own manufacturing sector—and replicate that model.