4 ms·

Then how do you complete when your competitors already have and their costs are now significantly reduced?

• lotsofpulp 8y ago
  You 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 ago
  If 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 ago
    but the countries you listed also require local partnership.