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I agree. My biggest fear is that we're getting a little too heavy on protectionism and regulation. We have giants in a lot of industries with regulatory capture
by TACIXAT 7y ago
I agree. My biggest fear is that we're getting a little too heavy on protectionism and regulation. We have giants in a lot of industries with regulatory capture. I think China's loose approach to IP may allow them to eat our lunch.
- option 7y agoI think because of China’s approach to IP it is impossible for companies such as Microsoft to appear there.
- donatj 7y agoI honestly don’t know. I hear from friends that in Shenzhen at least there’s a big ecosystem of small companies helping other small companies for little more than the promise they’ll be helped in return when the time comes. In my eyes that could lead to a very positive feedback loop if it continues.
- DeonPenny 7y agoNah thats why china is having so much trouble consolidating companies. They have the BAT companies but not much else. If not for their protectist policy I doubt they'd have those.