Robert_Whited
[H] News Editor
- Joined
- Mar 6, 2010
- Messages
- 61
The one country that boasts the numbers to make it the one stop shop to get into its 400 million internet subscribers and 700 million mobile-phone subscribers pocket book. The problem is that China really doesn't want the Western companies invading its' domain.
Is this such a bad thing though? China protecting its infrastructure instead of selling to the easiest or cheapest bidder.
"It was inevitable after a certain time they would no longer roll out the red carpet for foreign companies and give them special treatment," said Susan Shirk, a former deputy assistant secretary of state in the Clinton administration responsible for U.S. relations with China. "But now we don't have a level playing field. We have nontariff barriers (in China) designed to protect local companies."
Is this such a bad thing though? China protecting its infrastructure instead of selling to the easiest or cheapest bidder.
"China is focused not on the world but on itself," said Ed Black, CEO of the Computer & Communications Industry Association. "We don't know how it will be in the long run. But right now it's a difficult situation."