Spanish wind-turbine maker Gamesa (GCTAF.PK), once the dominant player in China, provides a...


Spanish wind-turbine maker Gamesa (GCTAF.PK), once the dominant player in China, provides a cautionary tale for outsiders. It now finds itself a smaller player in China, challenged on its European home turf by Chinese manufacturers, and maybe even the target of a takeover by a Chinese firm.

Comments (7)
  • greenzulu
    , contributor
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    It's hard to compete in manufacturing with countries that steal any and all intellectual property with impunity, which have unlimited government-backed bank financing. pay near-slave wages, and offer a huge domestic market protected from outside competition on which to create economies of scale.

     

    A monkey could run a successful company with those advantages.
    14 Dec 2010, 07:38 PM Reply Like
  • ebworthen
    , contributor
    Comments (2799) | Send Message
     
    Not to mention a slave labor force of billions, and no impediments such as environmental protection, property rights, habeas corpus, freedom of speech, literacy, freedom of religion, etc., etc., etc.
    14 Dec 2010, 10:56 PM Reply Like
  • Papaswamp
    , contributor
    Comments (2241) | Send Message
     
    Have foreign companies in China not figured it out yet? Seriously? The plan is simple. Go to China..they will let you have access to the Chinese market in exchange for your technology. Then they will either make it cheaper and out compete you or take you over.

     

    Simple yet elegant plan. The Chinese skip the cost of R&D and get right to the final product. Then after you get shut down in China they come into your home market and offer the same product for much less. The weakness of capitalism.....greed. In corporations lust to gain access to a perceived 1 billion potential customers they end up selling themselves out.
    14 Dec 2010, 08:26 PM Reply Like
  • greenzulu
    , contributor
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    China only recently started to require the foreign companies hand over the technology. Before that, they just stole it. Microsoft's source code on down. Harvard B estimates that the Chinese are stealing $25 Billion in IP per annum.
    14 Dec 2010, 11:13 PM Reply Like
  • The Last Boomer
    , contributor
    Comments (1061) | Send Message
     
    I agree fully with the article in the NYT and the preceding two comments but... the Chinese simply protect their own interests with all and any means. What about the Americans or the Europeans? Have they lost their survival instincts or what? If they have, they fully deserve their destiny to be second-hand powers whining how the Chinese don't play by the rules but doing nothing about it. When you are on the boxing ring against an aggressive boxer, you have to fight back aggressively or you end up on the floor.
    14 Dec 2010, 10:07 PM Reply Like
  • ebworthen
    , contributor
    Comments (2799) | Send Message
     
    Strategically placed nukes ten or twenty years ago would have taken care of it and North Korea, but it is too late for that now.

     

    Now that our corporations, banks, and politicians have sold us out for short term gain it will be conventional war or surrender; sooner or later.
    14 Dec 2010, 10:59 PM Reply Like
  • greenzulu
    , contributor
    Comments (205) | Send Message
     
    Did you forget they own a cool Trillion of U.S. bonds?
    14 Dec 2010, 11:15 PM Reply Like
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