Comments on: Smells a Lot Like Import Substitution http://www.chinahearsay.com/smells-a-lot-like-import-substitution/ China law, business and economics commentary Thu, 09 Feb 2012 05:55:56 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Stan http://www.chinahearsay.com/smells-a-lot-like-import-substitution/comment-page-1/#comment-76185 Stan Fri, 12 Mar 2010 03:44:01 +0000 http://www.chinahearsay.com/?p=5400#comment-76185 No, I don't think we're naive. But there is a difference between what the government might like to see in an industry and what it is actively, and blatantly, willing to do to get that result. Recently the effort has become a lot more noticeable. By the way, as industrial policy becomes more and more aggressive, the government also runs the risk of crossing the line into WTO-inconsistent action. No, I don’t think we’re naive. But there is a difference between what the government might like to see in an industry and what it is actively, and blatantly, willing to do to get that result. Recently the effort has become a lot more noticeable.

By the way, as industrial policy becomes more and more aggressive, the government also runs the risk of crossing the line into WTO-inconsistent action.

]]> By: Chris http://www.chinahearsay.com/smells-a-lot-like-import-substitution/comment-page-1/#comment-76184 Chris Fri, 12 Mar 2010 02:09:52 +0000 http://www.chinahearsay.com/?p=5400#comment-76184 The are dozens of examples of this type of practice across every industry. Import substitution has become a national strategic gloal as has the displacement by local 'national champions' of successful foreign enterprises already in China. Government procurement, pressure on licensing fees paid to overseas IP holders, national car policy, the daily defamation of foreign goods and services in the national press... it is all a highly disturbing trend. The strategy appears to be to allow national champions to take over domestic markets then use profits from those domestic sales to fund global expansion. The are dozens of examples of this type of practice across every industry. Import substitution has become a national strategic gloal as has the displacement by local ‘national champions’ of successful foreign enterprises already in China. Government procurement, pressure on licensing fees paid to overseas IP holders, national car policy, the daily defamation of foreign goods and services in the national press… it is all a highly disturbing trend. The strategy appears to be to allow national champions to take over domestic markets then use profits from those domestic sales to fund global expansion.

]]> By: Silly http://www.chinahearsay.com/smells-a-lot-like-import-substitution/comment-page-1/#comment-76183 Silly Fri, 12 Mar 2010 00:36:56 +0000 http://www.chinahearsay.com/?p=5400#comment-76183 “However, if this attitude leads to specific policies designed to dislodge foreign suppliers in favor of domestic firms after tech know how has been shared, that’s not so cool.”

What exactly did you think the endgame was, if not this? Are we all that naive?

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