To: AfricanChristian
This is infuriating at so many levels. Here is how the long view of the chicoms has paid off:
- they willingly opened their cheap 'slave' labor force to foreign manufacturers;
- the chicoms get their peasants manufacturing skills they could not develop themselves;
- their mediocre engineers learn from the better foreigners; - over time they collapse the economy of their business 'partners' and lend them money;
- they copy manufacturing processes, technology, and designs along the way shortening their own learning curve;
- once the economic opportunity arises they flood the same market as their business 'partners' with a cheaper yet almost equal product;
- they bury the competition and take over that market.
The auto industry is only the newest example of this; they are well under way in the commercial aviation and space industries not to mention super computers and telecommunications.
All with the help of a short sided U.S. government (with their manufacturing unfriendly regulations) and their union benefactors.
Regards.
6 posted on
07/20/2011 5:37:39 AM PDT by
Sine_Pari
To: Sine_Pari
Huawei is doing exactly the same thing in Africa. They have almost completely taken over the Telecoms business.
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