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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (72478)2/11/2010 9:35:40 PM
From: Snowshoe  Respond to of 74559
 
The WTO trade rules are becoming a circus! Brazil complains about US cotton subsidies, but IMO Lula's recently proposed iron ore export tax is a de facto subsidy for Brazilian steel makers...

Lula Sets Law for Brazil to Retaliate on U.S. Patents
bloomberg.com

The WTO ruled in August that Brazil has the right to impose $294.7 million annually in sanctions because of subsidies paid to U.S. cotton farmers. The amount is the second highest ever permitted by the Geneva-based trade arbiter.



To: Snowshoe who wrote (72478)2/11/2010 11:10:11 PM
From: Gib Bogle  Read Replies (1) | Respond to of 74559
 
It's not that easy to do what BYD have done. Copying has always been the easiest way of advancing, although it does appear that in BYD's case it's a bit more blatant than usual. My guess is that Toyota will not want to buy a fight because China is now one of their biggest markets, maybe the biggest. They'll probably treat it as a cost of doing business.

People are still saying that the Chinese can only copy, not create. I think this is a mistake.


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