To be fair, there was a time China was the next great market

Our company got into China in 1985, one of the first. We make and supply locally, can’t ship our products made in China beyond a few hundred miles. Anyway, it had so much potential, and we acquired more locations. But we never quite made money. Figured out China govt was supporting its state owned businesses, including those that competed against us. And then our global customers demanded we meet the Chinese company price, which we eventually couldn’t do, because we weren’t being subsidized by the govt. We sold our Chinese business in past couple of years. And now China is trying to send its state-owned businesses into the world, and continuing to subsidize them. Dirty pool, and American CEOs didn’t think any country would play this way.
[Post edited by WestyHokie at 03/15/2020 07:57AM]

In response to this post by RoswellGAHokie

Posted: 03/15/2020 at 07:56AM

Eff China. Eff their wet markets. Eff all American CEOs who made us -- RoswellGAHokie 03/14/2020 8:12PM

To be fair, there was a time China was the next great market -- WestyHokie 03/15/2020 07:56AM

Ruthless, unabated greed masquerading as capitalism will do this ** -- vt_mughal 03/15/2020 12:43AM

Yup. I’m still just dumbfounded that we don’t even make the raw products -- HokieSignGuy 03/14/2020 10:34PM

Anytime someone's culture or practices (selling all forms of wild animals -- hokiemas 03/14/2020 8:53PM

Especially if it's in the vicinity of their bio-weapon's lab. ** -- EDGEMAN 03/15/2020 12:40AM

Let me get into the blast zone. ✌️ ** -- thankbud 03/14/2020 8:44PM

"he was sayin eff this and eff that" ** -- HokieDan95 03/14/2020 8:39PM

I like Buddy the Eff. He is my favorite. ** -- GreenvilleVT 03/14/2020 9:15PM

...make work your favorite. Work is your new favorite ** -- chumley 03/14/2020 11:31PM

Buddy L toys FTW ** -- FfxStationHokie 03/14/2020 9:33PM

What you really mean is eff the investors who demanded maximum ROI and... -- Upwind of uva 03/14/2020 8:38PM

Our government also increased regulations tenfold ** -- kingofcassell 03/15/2020 08:47AM

It not just labor, they cheat on the cost of raw materials, safety and -- Josey Wales 03/14/2020 11:51PM

Yep, CEOs are just a representation of our desires -- HokieForever 03/14/2020 9:56PM

F capitalism! ** -- TJ Hokie 03/14/2020 11:05PM

I've been singing a similar tune for 15-20 years. Everything I've -- Coach McGuirk 03/14/2020 8:37PM

I avoid CHICOM goods if possible because I hate 2nd rate crap -- EDGEMAN 03/15/2020 12:59AM

To be fair, there was a time China was the next great market

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