Chinese Companies Aren't Winning Overseas Just because They're Cheaper, Goldman Sachs Says

Chinese companies aren't winning overseas just because they're cheaper, Goldman Sachs says.

China's weak domestic demand and years of deflationary pressure have fueled concerns that its exporters could push down prices overseas.

Chinese companies aren't winning overseas just because they're cheaper, Goldman Sachs says

Chinese consumer technology is increasingly challenging the perception that the country's exporters compete only on price. Luo Yunfei/China News Service/VCG/Getty Images The biggest myth about China's export boom may be wrong, according to Goldman Sachs. Chinese products often start cheap but…