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China is just playing with the short term vision that is so foolishly characteristic of western companies. The Chinese know that CEOs need growth prospects for
by coliveira 9y ago
China is just playing with the short term vision that is so foolishly characteristic of western companies. The Chinese know that CEOs need growth prospects for the next quarter, even though their actions are impairing the company in the long run. Of course, whatever money they make in China will be at the expenses of their long term IP, technology and market share.