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Because you need to have something to give back to the companies investing, like for example the world's highest smartphone adoption growth rate. Also tax exemp
by camillomiller 10y ago
Because you need to have something to give back to the companies investing, like for example the world's highest smartphone adoption growth rate. Also tax exemption, special deals on many issues, but mostly the growth rate :)
- preordained 10y agoProfits aren't enough? Often the notion that the company would be "forced" to sell at a higher price when they produce local is baloney. Like the Sears wrench fiasco, where they claimed producing a certain wrench locally would raise prices too much, then started make a knockoff in China which they sold at the exact same price point. The point is, too often the savings from outsourcing are passed onto neither the consumer or the employee, so there is definitely question as to who is "really" hurt by protectionist policies.