Question:
I can buy items so cheaply at local Asian stores, compared to typical stores. And when I buy online from Asia, its so very cheap!
If 100 yen = about $1.25 in our money... how are Asians even making profit when they sell to us?
Answer:
Japanese goods are not cheap. Do not lump them together with China and Taiwan.
As for China and possibly Taiwan. Cheap labor and a population desperate for work so they fill those cheap labor jobs.
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