China can not be trusted, the CEO of GE said that in a way a few yrs ago when asked why building a medical product company in India and not China. He said China does not understand the concept of win-win.
sounds like this will lead to more WTO violations by china. China wil require company to purchase only Chinese made parts , forcing A/c parts makers to build plants in china instead of exporting. Completey illegal under WTO rules, will see if new administration puts up with it. Cheap labor means nothing if the parts you need is covered by patents and patented technology. These US companies should tell the Chinese we will sell you what you want, but it will not be made in China . no way China can say no without violating IP as these are all patented products.
Is China Experiencing Dollar Outflows? [View article]
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.
Is China Experiencing Dollar Outflows? [View article]
China continues to foot drag on its WTO assension agreements and has to be taken to WTO court ( auto parts, steel pipe, financial media, etc) to force them to abide by international rules. They refuse to open up their markets they know they can not compete with and force companies to open plants there . This is completely illegal under WTO and the new administraion should hit them wiht a new case every month. Just this summer China issued an edict requiring Chinese mining companies to buy 50% of their mining machinery from local companies. This impacts US jobs as 2 companies dominant this , Joy Gbobal and Bucyrus . Time to hammer them, having 200 million people living on $3 a day is not our problem and they can not pick and choose what they will honor under WTO.
Why China's Exporters Are Complaining Loudly [View article]
what he is saying is that stability (jobs)is number one concern so protecting IP, commitments to WTO like opening up their markets to products AND sevices, dropping domestice content laws, etc are out the window. They joined WTO and got to live with both positives and negatives. Having a few hundred million living on $3 a day is not our country's problem, they need to deal with it but can not violate WTO agreements. Why we put up with this I do not know.
China Cracks the Aircraft Market [View article]
China Cracks the Aircraft Market [View article]
China Cracks the Aircraft Market [View article]
Is China Experiencing Dollar Outflows? [View article]
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.
Is China Experiencing Dollar Outflows? [View article]
Why China's Exporters Are Complaining Loudly [View article]