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To: at bay
Will this end up in front of the WTO?
4 posted on 03/10/2004 11:01:03 AM PST by WillL
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To: WillL
See post #7
9 posted on 03/10/2004 11:10:00 AM PST by OXENinFLA
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To: WillL
the WTO exists only to act against the US.
22 posted on 03/10/2004 11:46:41 AM PST by oceanview
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To: WillL; Iris7
1. "Corporate America thinks they can make money in China, just like a mouse thinks he can get cheese out of the trap."

2. "Will this end up in front of the WTO?"

No. one is exactly correct. No. two is answered by "no."

China didn't sign the part of WTO that keeps them from putting barriers to outside companies. This chip "design standard" isn't for spying, it is a way to keep out foreign cpu, memory and other chips now that China wants to dominate its home market with domestic production.

China says a goofy feature has to go in and no outside company wants to redesign its present chips as that is needless expense. Without the feature, China can say no to imports.

The other way China messes with outside companies is by dangling a big contract and then telling the winning bidder it has to transfer the technology to Chinese companies. GE is letting them in on electric turbine secrets just to sell a few now. GE will find no further turbines will be bought as the China co. will have a clone soon.

WTO has turned a blind eye to this abuse. Why, WTO is just a collection of western governments that are under pressure from their own companies to open up new, short-term, markets. The long term health of the west's economy isn't a factor.

Our companies are run by directors that think profit one quarter at a time. China has a long view and she is winning that way.



33 posted on 03/10/2004 12:19:18 PM PST by RicocheT
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