I'm happy for you and your firm. However, that doesn't not in any way negate the decades of intellectual property theft that the Chinese have perpetrated. Billions of American dollars have been lost to Chinese intellectual property theft. Personally, I go out of my way to not buy anything made in China. They already lost me a long, long time ago.....
No, it doesn't. The communist philosophy gives absolutely zero respect to the entire concept of intellectual property: all new inventions belong to "the people," meaning Chinese government.
Billions of American dollars have been lost to Chinese intellectual property theft.
More like hundreds of billions of dollars, and millions of jobs. You'll get no argument here.
Personally, I go out of my way to not buy anything made in China. They already lost me a long, long time ago.....
I don't blame you one bit. The only thing I'm saying is that things are finally starting to change. China has reached a point where the communist philosophy is starting to give way to a more pragmatic approach. They realize that there's more money to be made by rehabilitating their image as an outlaw nation. Particularly in a case where it's one Chinese factory against another Chinese factory -- even if one of the two factories is owned by an American corporation -- Chinese courts will enforce intellectual property rights. This encourages more foreign investment in China, when the foreign investors have reason to believe they'll be playing on something approaching a level playing field.
Make no mistake: China is very capable of making very hi quality stuff.
No doubt about it. They're duplicating what the Japanese did after World War II, but on a much larger scale.