Taxes may have a huge impact.
lack of Competition
perceived Brand Value
No one buys a Buick in America anymore, but it is the no1 brand for GM in China
Try to buy a non Indian built car in India, it is about 100 % more that you can find the same car in Europe due to import taxes.
I travel all over the world, the cheapest place for brand name electronics/ appliances is USA. Clothes also seem cheaper in America.
China is great for off brand electronics, but it is a crap shoot with quality.
lack of Competition
perceived Brand Value
No one buys a Buick in America anymore, but it is the no1 brand for GM in China
Try to buy a non Indian built car in India, it is about 100 % more that you can find the same car in Europe due to import taxes.
I travel all over the world, the cheapest place for brand name electronics/ appliances is USA. Clothes also seem cheaper in America.
China is great for off brand electronics, but it is a crap shoot with quality.