Bucyrus limits China plans

Bucyrus limits China plans

www.jsonline.com

By RICK BARRETT
[email protected]
Posted: July 25, 2008

The chief executive of Bucyrus International said Friday the company’s Chinese business strategy, while promising, also has limits because China wants to make its own mining equipment.

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Here is another classic example of how China limits what is has to buy from the US and everyone else.

They buy a few things, cranes in this case, and then they reverse engineer them and make exact duplicates under a Chinese name. No licensing money comes back to Bucyrus.

This country is famous for this in case you're doubting it.

They pirate CD's, DVD's, computers that say "Dell" on them. Apple products as well folks, cell phones, Nikes, blue jeans..you name it, they make illegal copies and sell this stuff worldwide.

They limit what comes into there country and they export everything.
The cargo ships come to the US packed full and basically go back to China empty.

When is the US and the rest of the world going to wake up and make this country play the trade game like the rest of the world!!!

www.jsonline.com
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