oliveoiltinfoil
Well-known member
The day of made in China will soon end. I posted a thread around a year ago explaining why, as it has turned out, most of it has come true (I'll try and post a link), although for reasons I didn't foresee. I don't claim to be an economist, but what and who I have worked with, people with connections and working first hand with Chinese, Japanese and Taiwanese businesses, the Chinese are certainly very unique when it comes to business and manufacturing.
A lot of western firms are moving out of China now due to being falsely sued for reason which are very grey. GSK, Mercedes, Audi, GM and Microsoft have been sued for what the Chinese are calling "anti-monopoly laws", or price fixing. Over in the west, this is common practice and in no way wrong or illegal, but the Chinese con and blackmail a lot of western companies for technology, or else they get into a lot of trouble. Qualcomm being an example, they were essentially forced to give a semiconductors chip manufacturer in China details of the patents in their latest 801 chip they use in smartphones. They use their huge market as a threat and decoy, if that makes sense, essentially getting away with whatever they want. Google and Panasonic have now completely pulled out of China, Panasonic will do y the end of 2016.
The Japanese you have to remember, got a lot of technology and teaching from Americans after WW2. The Japanese being democratic, free market economy took what was taught to them and have made a huge company for themselves, selling high quality goods around the world. Similar story with Taiwan. Essentially, it is corruption in China on a scale no one can really measure. What they call corruption, we don't, and what we call corruption, they don't. It is a clash of politics and culture.
A lot of western firms are moving out of China now due to being falsely sued for reason which are very grey. GSK, Mercedes, Audi, GM and Microsoft have been sued for what the Chinese are calling "anti-monopoly laws", or price fixing. Over in the west, this is common practice and in no way wrong or illegal, but the Chinese con and blackmail a lot of western companies for technology, or else they get into a lot of trouble. Qualcomm being an example, they were essentially forced to give a semiconductors chip manufacturer in China details of the patents in their latest 801 chip they use in smartphones. They use their huge market as a threat and decoy, if that makes sense, essentially getting away with whatever they want. Google and Panasonic have now completely pulled out of China, Panasonic will do y the end of 2016.
The Japanese you have to remember, got a lot of technology and teaching from Americans after WW2. The Japanese being democratic, free market economy took what was taught to them and have made a huge company for themselves, selling high quality goods around the world. Similar story with Taiwan. Essentially, it is corruption in China on a scale no one can really measure. What they call corruption, we don't, and what we call corruption, they don't. It is a clash of politics and culture.
