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wilnj wilnj is offline
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Join Date: May 2018
Posts: 174
Quote:
Originally Posted by widebody911 View Post
Want to open a factory in China. Gonna be a joint venture with forced transfer of technology.

This is the part that I've never understood. I can imagine the American CEO saying to himself "Yeah, they're going to steal our IP and clone our products within 5 years, but I get a new yacht, so it's all good"
It's actually more like "My board wants me to increase revenues by 10% every year. The domestic market is saturated, Europe isn't interested and the rest of the world is still a war zone. If I make this deal I get access to a new customer base of 1 billion people and by the time this all falls apart, I'll have a boatload of options, plus I've got my golden parachute."
Old 06-10-2019, 11:50 AM
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