Cost-effective and energy-efficient Chinese home appliances have flooded the local markets, much to the relief of the inflation-hit consumers, but setting alarm bells for the local manufacturers. “Consumers are now inclined to use these appliances for their affordability and durability compared to costly high-end local appliances,” he said. However, now they are also following the same path and keep searching online for Chinese appliances,” she quipped. “Arrival of Chinese manufacturers will lead to job creation, which will ultimately improve the living standard of locals and strengthen the national economy.”Hassan Ali, another home appliances dealer, sharing his concerns with the WealthPK said the Chinese appliances were significantly hitting local manufacturers. “On the contrary, Chinese manufacturers invest huge amounts of money on research and development.”He said that Chinese manufacturers efficiently built strong brand recognition through unique features.

Source: The Nation June 06, 2024 15:25 UTC