mysaug

Is China Experiencing Dollar Outflows?

They are trying to go high tec by forcing foreign companies to partner and share IP rights for market access ( exp wind turbines) , a NO-NO under WTO. When can't do it that way, they just steal and copy I.P ( a la windows, movies, etc)
I have no problem with china making toys, clothes and other low value items, they can not steal years of IP work to advance quickly in other areas. I am hoping for big time collapse in China next 4 yrs when they get called to the carpet for WTO violations.


On Dec 04 11:40 AM huangthomas wrote:

> China has been trying very hard to transform labor-intensive, high
> polluting, low-value-added export industries into a high-value added
> high tech (knowledge, technology, management..) industries without
> much success. The current world-wide financial crisis will further
> delayed the transformation.