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KT2000

(22,110 posts)
5. I know what you mean
Thu May 7, 2015, 11:41 PM
May 2015

A friend's son took a job with GM to set up manufacturing in China. First thing he learned is you turn over all plans. He quit.

Someone else I know works for a company that was bought up by a US holding company (HC). The HC owns over 100 businesses that were started and did well in the US. They buy the business, send the manufacturing to China and it then exists as an American company only on a computer system.
In the case of my friend's experience, the Chinese company is stockpiling product which they suspect the company is selling under their own name, like the furniture.

When it comes to business, the Chinese are centuries ahead and they plan long term. US business is always out for the quick buck.

BTW - Did you know that most pickles are now made in India?? Few are made in the US now

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