The lower cost of Chinese goods means we can spend more on other goods and services.

It gives them more leverage. If your cost of goods is lower, you have more leverage to negotiate prices that might be able to beat out competing technologies.

Goods prices are deflating and continue to deflate, but services prices are by no means deflating, ... Overall, prices continue to rise, so I'm not concerned about deflation.

Goods prices are deflating and continue to deflate, but services prices are by no means deflating. Overall, prices continue to rise, so I'm not concerned about deflation.

The main thing is cost-savings which radiate out in the form of lower prices for high-tech goods, and higher profit margins for the companies,

more choice and lower cost.