3 ms·
I don't get it: why not just not do business with China? If they're going to take your IP, just don't go there.
by analognoise 8y ago
I don't get it: why not just not do business with China? If they're going to take your IP, just don't go there.
- ndesaulniers 8y agoThen how do you complete when your competitors already have and their costs are now significantly reduced?
- lotsofpulp 8y agoYou can't, because the consumers are OK (either knowingly or unknowingly) with the costs resulting from allowing China to obtain the IP (and manufacturing facilities and knowledge, etc).
- analognoise 8y agoIf you absolutely require lower wages to make a profit (your business plan has already failed, but let's go with it): Go to any one of a number of other countries that don't expect you to partner with a communist dictatorship and give up IP in order to have goods produced there? Vietnam, Thailand, Malaysia, Mexico, India? It seems like a pretty obvious "AVOID" signal for me, but I'm not running a multinational that's cut corners to keep profit margins high while exporting all of the manufacturing work.
- hungryhobo 8y agobut the countries you listed also require local partnership.