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Another money on the hobby question? How much would you pay.
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<p> Without the intention to start a flame war - we have to remember, that the only reason, why a company is moving their production to China is to reap extra $$$ and improve the bottom line, and not necessarily to provide good products at an affordable price. Yes, we are all racing for bargains, to get the best value for our money. There is nothing wrong on that, unless it starts to kill an economy. For an economy to be able to survive, we need to have a balanced mix of the agricultural sector (feeding us), industrial production (creating marketable values) and the service sector (supporting the first two). Globalization has led to cannibalization of the production sector in most western countries, effecting, that our money is not backed by the necessary amount of values, making it fodder for speculation and inflation. We have been there before...</p><p>Globalization is not a one-way street. If moving the production to China means providing them with income they can use to buy in the US, or Germany - any where in the western world, then this will provide the necessary balance. I am afraid, that this is currently not the situation.</p><p>Back to the original question. It is my feeling, that the low price situation will end sooner than we expect it to happen. The Chinese are learning fast and the RMB will appreciate quite a lot vs. the USD and the EUR in the long run. We have been there before, when Japan took over the camera market, the car market and the home electronics market. Given the cost of shipping and quality control (quality is still an issue, and will remain so for a long time), there are some industries, which are now looking to in-sourcing strategies. </p><p>Would I pay a premium for domestic products? Yes, within the means I can afford. I see this as an investment into the nation I am a member of - be it for R-T-R or kits, that is not an issue [:)]<br></p>
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