China is NOT our pal

[tw]

It’s called a free market. China is getting businesses that it deserves. Recently talked to a chemist whose company when out of business. They knew what China was doing to make the chemical better. They just could not figure out how the Chinese were doing it.

Another has Porcelain statues made in China. Quality is better than what they were buying in the states.

Many American companies call engineering an expense. Therefore it is cheaper to let the Chinese do designs. What their business school training forgets to tell them - he who designs the product is then also discovering and accidently finding many new innovative solutions. Solutions that never appear on the spread sheet. Solutions that mean the Chinese designer today manufactures the products - and tomorrow own the business.

The magic word - innovation. What never gets discussed when business school graduates measure everything only in terms of costs.