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To: cdnerds
Me personally, I can't do a thing about Chinese piracy. But I would bet you that 60% of the piracy is being done by no more than 100 companies, and if the Chinese government decided to force those companies to pay limited royalties then piracy would decline substantially within 90 days. The problem, of course, is the Chinese government doesn't want to spend its dollars on American software and DVDs. It wants to spend those dollars on things that it can't get by piracy, such as nuclear power plants, Boeing jets, Intel microprocessors, and large numbers of Russian weapons and warships.

I also suspect that the Chinese government is buying some real estate in America using various kinds of front companies, which is good for our country in some ways. Chinese real estate purchases send dollars back to America, support the value of the dollar, and support real estate prices. But purchases of American products generate more jobs and tax revenue in the US, and we need China to step up and start buying more American products.

17 posted on 04/24/2007 8:51:39 AM PDT by Pub Linkser--80 (Seer, sage, soothsayer, and former second-string outfielder for the Oklahoma Sooners.)
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To: Pub Linkser--80

“It wants to spend those dollars on things that it can’t get by piracy, such as nuclear power plants, Boeing jets, Intel microprocessors...”

Correction: Things it can’t get by piracy YET!

I posted this on another thread:

Not exactly piracy, but you’ll get the idea...

Our trade with China needs to be reevaluated for a whole host of reasons, one of which is the suicidal tendencies of our corporations, who send manufacturing over there and end up developing their own competition.

A perfect example was in the WSJ on Friday. Favorite car of the up-and-coming Chinese? A Chinese-produced Buick. Oh, excuse me, it USED to be that Buick. Now, the company that was producing Buicks for GM has come out with their OWN upscale car.

GM’s response? “We were told early on that it might come to this, but we felt it was important to be in China anyway.”

It’s happening in industry after industry. As Bugs Bunny said: “What a bunch of maroons!”


19 posted on 04/24/2007 9:01:52 AM PDT by BikerJoe
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