From what I hear, it’s also Chinese manufacturers trying to “break in” to the western market by initially operating at a loss. But I doubt how effective of a business strategy that would be, given that there is basically zero brand loyalty on marketplaces like temu. Am I getting my USB dongles from CKXLKY or TOPK? Fuck if I care! Idk tho, maybe the experience is different for people who buy stuff other than cheap electronics.
But yeah, there is 100% slavery involved. It’s like the cacao/coffee/chocolate industries, down to the “don’t blame us, we’re just buying these goods at market prices, like everyone else” excuse. Brother, you are the one setting the market price.