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re: U.S. companies are finding out they don't own their own factories in China
Posted on 4/6/20 at 1:11 pm to RocketPower
Posted on 4/6/20 at 1:11 pm to RocketPower
quote:
U.S. companies are finding out they don't own their own factories in China. When they tried to export THEIR medical equipment, the Chinese government stopped them:
Pretty sure these companies knew they did not really own the factories. I don’t their lawyers would let something like that slip through. They know at the onset that China owns the factory.
2
Posted on 4/6/20 at 1:29 pm to highcotton2
I think it more of the equipment they may have had shipped into china
Posted on 4/6/20 at 2:03 pm to highcotton2
quote:
Pretty sure these companies knew they did not really own the factories. I don’t their lawyers would let something like that slip through. They know at the onset that China owns the factory.
Agreed. Part of the price of doing business in China was/is being forced to "partner" with a Chinese business (which means their government, in practice if not in fact) and "sharing" your IP, etc.
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