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Strategies & Market Trends : True face of China -- A Modern Kaleidoscope -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (12236)	10/23/2017 1:09:27 PM
From: RealMuLan	Respond to of 12464

FWIW--"Seen from space, China's oil demand looks stronger than expected" By Aaron Clark on 10/23/2017 worldoil.com

To: RealMuLan who wrote (12236)	10/23/2017 6:14:03 PM
From: zzpat	Read Replies (1) \| Respond to of 12464

I had to stop when I read this line, "Whereas developed countries can only get richer by inventing new things or making their economies more efficient, poor countries can cheaply copy foreign technology or imitate foreign organizational practices." Tesla is moving to China. Normally a US company must share its technology with China if it wants to produce in China so China is able to get our technology because we want access to their market. Tesla is the odd bird in the mix. While it hasn't happened yet it'll be interesting to see if they can pull if off. Tesla already shares its patents so maybe it's not that big of an issue.