Will China become the poor man’s dealer for high end audio?
With the insane prices now being asked for audio equipment from manufacturers around the globe is china going to fill in the gap between the haves and have-nots.? We are already seeing some signs of this with manufacturers like Jays Audio and Denafrips offering product-performance prices below global market value. The only thing I see holding them back is they will always be one leg behind the rest of the world since they copy most of the technology they use and world wide acceptance.
China is following the pattern Japan did. Advance rapidly in a few decades and be very financially successful while having a very low birth rate. When you aren't spending resources on bringing up the next generation you can have incredible economic growth but it's not sustainable. China might be almost over. Demographic collapse is their future. New Chinese Demographic Data = Population Collapse || Peter Zeihan - YouTube |
