This is their new normal and the end result of wealth and manufacturing transfer from west to east.....

We have been hollowed out and are now secondary market....not a primary market.....

Whether you sell widgets, pork, semi conductors, anything.....you sell to China first....(it used to be North America first)....but their middle class has grown while ours has shrunk..........greater Shanghai city has 150 million people....dropping off your products to this market first is easier and pays a higher margin than say dropping of a container in Los angeles and then having it trucked out east and so forth....

No shortages in China....we have been hollowed out....