Why Some China Pencil Factories Quote 30% Below Market — and Why It's a Trap
The overwhelming majority of China factories operate legitimately. This is about the small subset that does not. A factory quoting 20–30% below market is not offering a bargain — it is running a debt spiral. Here is how the shell-game works, how to spot it, and why paying the market price to a legitimate factory protects your order more than any contract.