When Apparel “Made in China” Become More Expensive, Will U.S. Consumers Have to Pay More?
Abstract
China’s soaring labor cost in recent years has triggered heated discussions on the future of “made in China” and its implication for U.S. consumers who rely heavily on “made in China” products (Rein, 2012). This is particularly the case in the U.S. apparel retail market, where over 98% of consumptions are supplied by imports and nearly 40% of them come from China in terms of value (AAFA, 2012). Although numerous studies have been conducted to evaluate the relationship between imports and the U.S. domestic apparel production or employment (Martin, 2007), the direct linkage between the price of imports and the U.S. apparel retail price has seldom been explored.
Keywords: made in China, import price, U.S. apparel retail price
How to Cite:
Lu, S., (2013) “When Apparel “Made in China” Become More Expensive, Will U.S. Consumers Have to Pay More?”, International Textile and Apparel Association Annual Conference Proceedings 70(1).
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