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Another thing is that when a foreign language book goes to China, what usually happened is that the foreign publisher would join with a Chinese publisher, repackage the book, and agree on a new price….|
I have to ask you to travel to China again, go to see the Chinese book stores. It's a festival! Books of ancient time, modern time, American books, European books, from Japan, from Taiwan, everywhere everything. In general the book prices are cheaper than in US. What foreign publishers go after is the huge market.
As for Pfizer's drug...Don't forget in China we not only imports American drugs, we also import from Japan, France, Germany...and Chinese bio-tech is growing very fast too. There is NO way US pharmaceutical companies can maintain monopoly like they did in US, artificially inflate the drug prices.
As for the GM cars. It's not unique, it happened to Honda and Hundyai (Korean), it happens in every early stage of capitalist markets. Besides, China won't give up the effort to develop its own car industry. If car is a big business, the here is a high speed train story:
A couple of years ago China bought a high speed maglev train from Germany and worked with the German engineers in installation and railway building. The Germen were totally impressed by how fast Chinese engineers worked on the project, constantly felt they couldn't match up the speed. It's running in Shanghai now. How about future corporation?
China needs more high speed trains, Germany wants to sell more to China. But China said that China won't just buy, China must learn the technology, set up joint venture with Germany. Germany hesitated, didn't want to give up so easily. So Japan and France immediately jumped in. China is testing their technologies. Meanwhile, just last week I read a Chinese news that the first completely Chinese made high speed (magnetic suspension) train mini model is tested successfully. They are lighter, faster and more economic! Of course China has to build a real train and test its reliability and so on... but that day won't be too long.
This is the reality. Everyone must face it.
By the way, the China news in Chinese is far more interesting and richer in content and information than the English ones on Xinhua or China Daily.