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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: edamo who wrote (25979)	6/7/2000 2:10:00 PM
From: BDR	Read Replies (1) of 54805

I am a little confused about your arguments regarding the failure of the US to export to the PRC. First you blame American myopia: <<it's a big world, americans always believe "their way" is "the only way".....this has been proven by the poor record of the usa as an exporting nation>> Then in a follow-up post you point out: <<not to say technology transfer will not occur in the future, but in the case of an ideological driven hierarchy that exists in the prc, there is very little protection of patent rights and royalty payments to an entity of any sovereign nation.>> Might not the absence of the rule of law, especially regarding IP, have something to do with American failure to export technology to countries like the PRC? I am reminded of those that are trying to blame the introduction of capitalism from the West for the economic collapse in Russia without taking into account the absence of the rule of law that has resulted in an economy run by a free-wheeling, gun-toting, kleptocracy. Failure to participate in such economies may seem myopic to you, but is eminently rational to me.

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