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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: mauser96 who wrote (27822)7/13/2000 11:21:23 AM
From: Jacob Snyder  Read Replies (3) of 54805
 
re:every decade has it's predictions of profits from China, profits that in time usually turn out to be an illusion.

The profits aren't an illusion. It's just that the Chinese are making the profits in China. Their government is good at making sure things turn out that way. From their point of view, the reason to let foreign companies in, is to transfer technology as rapidly as possible. Once that has happened, the foreigners aren't needed any more. The last-minute deal-breaking demand for QCOM's chip design is a classic Chinese move. Expect more of the same in the future.
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