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by lvl155
411 days ago
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When are we going to realize this is a form of dumping by the Chinese? People love cheap goods but as QoL in China improves, they won’t be able to churn out cheap goods for long. That’s why CCP is hellbent on trying to monopolize global supply chain. In fact, I believe we are first slowly and then drastically headed toward global equilibrium in labor cost. We might be looking at significantly cheaper labor in the US and double or triple labor costs in China and India. |
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The majority of parts of "Swiss Made" watches are made in China, utilizing a loophole that requires 60% of the watch's cost to be manufactured and assembled in Switzerland. So they make a rotor made out of gold in Switzerland, which accounts for 60% of the COGS of the watch, pop the rotor on the movement, and the sapphire glass on the watch, and it's "Swiss Made."
Best source, a rabbit hole: https://monochrome-watches.com/h-moser-cie-launches-swiss-ma...
Replicas are also manufactured in the same factories as "authentic" watches, but are fully assembled in China. (my personal insider anecdote)
"Investigators who work for Rolex and others say high-end fakes are “made in the same industrial parks and on cloned CNC machines”": https://www.businessinsider.com/how-counterfeit-rolexes-work...
"2025 “superfake” TAG Heuer Aquaracers used real Swiss Sellita movements inside Chinese-made cases—proof of parts leakage, if not identical factory floors": https://www.heddels.com/2025/03/spotting-a-superfake-4-real-...