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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: GraceZ who wrote (18453)3/11/2004 11:58:50 AM
From: Elroy JetsonRead Replies (4) of 306849
 
So you think China is naively "interfering with capitalism" in requiring a slightly different wireless standard in all wireless electronic products.

This is why so many American companies are simply giving China all of their technology, without payment, while chanting some hoary old chestnuts about free-trade they think they recall from their "Introduction to Economics" class or the Heritage.org website.

Fortunately, Intel is shrewd and understands this situation as well as a company from Australia or Europe. Giving away your business is in no way analogous to trading casks of sherry from Portugal for bushels of wheat from England, as David Ricardo first postulated.
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