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10-19-2018, 02:30 PM
| #1 |
| Quarry Creeper Join Date: Mar 2018 Location: Indonesia
Posts: 287
|  Get ready for a price increase on Chinese bits.
Just saw this on Bloomberg. https://www.bloomberg.com/view/artic...postal-subsidy Look for prices to go up, even on those showing "free" shipping. |
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10-21-2018, 02:13 AM
| #2 |
| Rock Stacker Join Date: Oct 2018 Location: Nor Cal
Posts: 84
| Re: Get ready for a price increase on Chinese bits.
Very interesting read! Im ordering everything for my rigs out of China ASAP. $$$ And my wife is ok with it having read the Bloomberg article to her. Thanks for posting this....I think...
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10-22-2018, 06:15 AM
| #3 |
| Moderator  Join Date: Aug 2017 Location: Readsboro, VT
Posts: 2,053
| Re: Get ready for a price increase on Chinese bits.
It sounds like any sort of re-negotiation is just another deal on the horizon, and isn't coming any time in the immediate future.
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