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Saturday, April 23, 2011

US Technology Firms, China, Tangle over Contracts

U.S. Technology Firms, China Tangle Again Over Contracts - MarketWatch

My 2 cents...

Words are one thing, but deeds another.

And technology transfer may be an excuse to award the contract to a Chinese firm, that has better relations with the local government (bribes and/or kickbacks may be).

And I agree with this:

"China's interest in developing its own companies is just what it is," he concludes. "Everything else is on the fringes."



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