BTW I like the tagline!! LOL!!!
The guy really didn't say that did he/she?
Yes, he did!
[...]Explaining why Cisco chose Shanghai for the site of an R&D center, Chambers was quick to note China's excellent infrastructure, a good university system that provides a pool of talent from which to recruit researchers and business-friendly policies implemented by the country's government. But Cisco's decision is about more than developing future VOIP products, it's about positioning Cisco for future growth in China.
"What we're trying to do is outline an entire strategy of becoming a Chinese company," Chambers said.
Part of that strategy means being responsive to requests for investment from the Chinese government. During his presentation in Beijing, Chambers noted that Cisco, of San Jose, California, has spent $38 million since 1998 to set up university training centers for software programmers -- a move he said was made at the suggestion of Chinese officials.
Cisco has also moved the manufacturing of many of its products, which is done under contract with other companies, to China at the request of Chinese government officials, he said.[...]