[lbo-talk] NPR story on China this morning

Julio Huato juliohuato at gmail.com
Thu Jun 16 07:12:24 PDT 2011


Complaints about China making foreign companies share their technology. But these technologies are economical because they can tap a massive market. Part of the gains flow from market size. Old Adam Smith-Allyn Young increasing-returns story. Within the market framework, China is doing the right/fair thing. If foreign companies don't like it, they don't have to do business with China.

http://www.npr.org/2011/06/16/137215569/u-s-companies-target-chinese-consumers



More information about the lbo-talk mailing list