ORIGINAL: Boomerang1

Same old story.

Greedy western company opens plant in China for reduced production costs but products no cheaper for consumer (bigger profit margin).
Shareholders happy with (short term) increased share value.

Chinese company learns advanced western production methods & technology.

Chinese company (or another just down the road) releases same product under it's own name for lower price.
(copyright? Yeah, sue the Communist government on their home turf).

Consumer buys cheaper product instead of western company's product & could not care less, after all both products come from China.

Western company goes bust, usually after wasting government funds on 'assistance package'. Where did this money come from?
Chinese loans? (don't mention the defecit [])
Shareholders still have their shares but they are worthless. (CEO has lost his job too but has squirreled enough money away to live
the good life until he gets his next CEO gig via the CEO club, they always seem to fall on their feet).

Unemployed western company workers live under freeways as they could not sell their possesions to pay their mortgages as their possesions
were chinese, worthless & broken anyway because the quality was crap.

Chinese CEO (government official) orders another Rolls Royce & waits for the next greedy western company to move offshore.

John.