UK Market Distortions Linked to China Trade, Study Shows

2010-02-11

Well, not exactly. This post from Cory Doctorow at Boing Boing is quite entertaining, though.

A criminologist from England's University of Leicester claims his research shows that UK burglars are switching to mugging because cheap Chinese imports have crashed the market for used DVD players and other pawnables:

"Cheap labour in China has had an impact on the type of crime that's committed in the UK and the type of goods that are stolen today. Gradually, the prices of such goods has fallen so low as to they almost have no resale value. If you can buy a DVD player for £19.99, it's simply not worth stealing…"

Another good reason for protectionist trade policies?

Tags: International Trade