Required? State-owned?
"Free traders" meekly accept anything thrown at them by their Chi-com partners -- but when one U.S. citizen raises a question about transferring technology, capital, and jobs the "free traders" start screaming "protectionist!" "Doom and gloomer!" "Government interference!" "Kerry supporter!" "Socialist!"
Go figure.
Exactly!
The only reason foreign owned companies are required to undergo "joing-ventures" is that the Chinese or state owned company can learn to copy the technology used to produce the prodcute. The venture will flow smoothly until then and after that the Chinese will pull out the carpet and go into business for themselves.
"The Chinese are much more prone to do business in a way that today Europeans and Americans do not accept - paying bribes and all kinds of bonuses under the table,"
--oil industry analyst Gal Luft
except maybe the free traders?