[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
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