China solves the stealing of Car techlogy.........

[Mega]

http://www.leftlanenews.com/china-co...echnology.html

well, am glad they sorted that out!

PS The Prez of Iceland has just come back from China, he went to discuss (Baleout/Thank God China now rules the Planet) Green engery Tec. a LOT of World leaders have been visiting China in the last few weeks.....i think the batton has been (snatched) passed.
mike

[don]

Re: China solves the stealing of Car techlogy.........

September 17, 2010
Chinese Investors Flock to London to Buy Real Estate

By JULIA WERDIGIER and BETTINA WASSENER

LONDON — Naomi Minegishi, 21, a Japanese woman who lived in China for 10 years, recently took a job with the London property broker Felicity J Lord.

Ms. Minegishi was hired not for her experience in real estate sales — she is studying management at a London university — but for her language ability. She is fluent in Mandarin, an increasingly valuable skill in London’s residential real estate market.

With her help, the agency recently sold four three-bedroom apartments in a new development for £320,000, about $500,000, each to a different Chinese buyer and solely on the basis of photos and floor plans. The new construction is close to the Olympic stadium, and the investors are betting that real estate prices will rise before the Games in 2012.

Chinese clients are a dream, Ms. Minegishi said. “They are wealthy, they pay in cash, and they’re looking for good value.”

Chinese citizens require approval from their local authorities to invest more than the equivalent of $50,000 a year overseas. But many wealthy Chinese elude the restrictions with help from trust funds and foreign bank accounts, real estate brokers say.

http://www.nytimes.com/2010/09/18/bu...ef=todayspaper

[touchring]

Re: China solves the stealing of Car techlogy.........

http://www.leftlanenews.com/china-co...echnology.html

well, am glad they sorted that out!

PS The Prez of Iceland has just come back from China, he went to discuss (Baleout/Thank God China now rules the Planet) Green engery Tec. a LOT of World leaders have been visiting China in the last few weeks.....i think the batton has been (snatched) passed.
mike

This is not a new tactic, any foreign company that wants to sell to the chinese market must setup a JV, and from there, technology is obtained.

[hayekvindicated]

Re: China solves the stealing of Car techlogy.........

September 17, 2010
Chinese Investors Flock to London to Buy Real Estate

By JULIA WERDIGIER and BETTINA WASSENER

LONDON — Naomi Minegishi, 21, a Japanese woman who lived in China for 10 years, recently took a job with the London property broker Felicity J Lord.

Ms. Minegishi was hired not for her experience in real estate sales — she is studying management at a London university — but for her language ability. She is fluent in Mandarin, an increasingly valuable skill in London’s residential real estate market.

With her help, the agency recently sold four three-bedroom apartments in a new development for £320,000, about $500,000, each to a different Chinese buyer and solely on the basis of photos and floor plans. The new construction is close to the Olympic stadium, and the investors are betting that real estate prices will rise before the Games in 2012.

Chinese clients are a dream, Ms. Minegishi said. “They are wealthy, they pay in cash, and they’re looking for good value.”

Chinese citizens require approval from their local authorities to invest more than the equivalent of $50,000 a year overseas. But many wealthy Chinese elude the restrictions with help from trust funds and foreign bank accounts, real estate brokers say.

http://www.nytimes.com/2010/09/18/bu...ef=todayspaper

This is BAD news. It won't end well.