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To: lonestar67
Japan raced to the forefront in these (and many other critical market segments worth billions) autos, light trucks, machine tools, consumer electronics, business machinery, specialty metals, robotics...

Tell me, in which of these segments have they lost market share to competitors?

68 posted on 12/30/2010 9:56:58 PM PST by Last Dakotan (Hunting - the ultimate in organic grocery shopping.)
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To: Last Dakotan

I suspect they have lost market share in all of these items to the chinese— much like the US. The chinese copy other intellectual property— much like Japan used to do.

It is simply cheaper to manufacture out of china these items.

It does not mean that Japan or China are particularly better at generating revolutionary ideas than the US. Japan is a less closed society than China so that helps it significantly.


77 posted on 01/03/2011 8:08:04 PM PST by lonestar67 (I remember when unemployment was 4.7 percent)
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