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re: Carrier Deal
Posted on 12/1/16 at 10:20 pm to westerntigerfan
Posted on 12/1/16 at 10:20 pm to westerntigerfan
quote:Do you even realize how miniscule that is in terms of economic impact?
So yo think every time a major corporation threatens to ship jobs overseas they should get a $7 million tax break?
What you need to know is that China floods cash into business in their country. For example: Hikvision. It is a dominant, world-wide company, with all manufacturing in China. They make security cameras and accessories, and are probably #1 or #2 in the world in unit sales,beating out big names like, Sony, Panasonic, Canon, Toshiba, Samsung, as well as industry leaders such as Axis and Bosch. Hikvision has been around only about 6 years.
The Chinese government has passed about $5 billion dollars to Hikvision to build them into a dominant manufacturer. U.S. companies are at a huge disadvantage against that sort of economic manipulation. So if a company receives a small break, it really pales in comparison to the real world issues they have to compete with.
Posted on 12/1/16 at 10:24 pm to HubbaBubba
HubbaBubba,
The Chinese stock market has crashed twice this year. I wonder why.....
The Chinese stock market has crashed twice this year. I wonder why.....
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