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I would bet money that I could take an idea and go to production in China with this idea in less time, with less costs, with less restrictions than in the US.

I'd bet money that your idea would be taken, put into production without your knowledge, and that they would beat you to market with it, if that idea had any potential at all.

If you're going to tout less restrictions as a benefit, you also need to admit the problems. Respect for intellectual property rights is not a hallmark of that nation.

I've known several companies that have experienced this.

Can an entrepreneur prosper more in China than in the US? No, I don't think so. As you point out, the Chinese would rip off the entrepreneur. They have no respect for intellectual property rights.

But the other question is: Can the Nation of China quickly put ideas into effect, quickly build factories, and quickly bring new products to the marketplace? Can the Chinese GNP quickly benefit from somebody's brilliant idea? You bet!!

In the US? Quick factories? Quick to market? Benefits to our GNP? Uhhhhhhhh ... I don't think so. We crush domestic economic initiative. The Chinese do not crush such initiative -- they merely rip it off.