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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: RealMuLan who wrote (18485)3/11/2004 9:22:42 PM
From: Elroy JetsonRead Replies (1) of 306849
 
I understand completely that the transfers are voluntary. The American companies are naive enough to believe China will respect their ownership of intellectual property, even though there has not been one documented case where China has refrained from appropriating technology which comes their way.

American executives call this clever off-shoring to lower costs. In the process of doing so, the real ownership of their business is transferred to more competent owners whose business goals are based on strategic decisions rather than myopic short-term profit goals and economic fairy tales.

Self-appointed political Commissars such as Grace Zaccardi are more than willing to sell out their nation in return for a few moments of notoriety and some cheap Chinese trinkets from Walmart.
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