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It's hard to compete when the government sets the rules against you. The reason Western firms have failed in China is because they allow just enough entry to tr
by notfromhere 10y ago
It's hard to compete when the government sets the rules against you. The reason Western firms have failed in China is because they allow just enough entry to transfer technology, then promptly stack the rules against foreign firms when a local competitor arises. It's not the technology, its the fact that the rules are stacked against them