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| Tekijä: | Wu, Xuanrun |
| Otsikko: | Watching out for the "cobweb phenomenon" in the trend of prices of garment (original in Chinese) |
| Lehti: | China Textile (c)
1997 : 3, p.21-22 |
| Asiasana: | CLOTHING INDUSTRY PRICES CHINA |
| Kieli: | chi |
| Tiivistelmä: | When price flexibility of demand is less than that of supply , the market fluctuation, in theory, would not tend balanced automatically and instead, the fluctuation ranges of prices and supply-demand will become larger and larger. Its graph looks like a diverging cobweb. At present, the prices of garment are suddenly high or low. It is worth attaching importance to the phenomena. The reason for it is due to the fact that the general regulations for setting prices of garment in China have not been taken shape. In addition, foreign enterprises are monopolising the high-grade garment market. So we should strengthen the effective supply of garment in a bid to make supply and demand balanced under the condition of rational prices and quantity. |
SCIMA