The Chinese steal an American business

Chinese steal Fellowes company

This is for all of you who feel that our economy should emulate China's. Basically we have an American company named Fellowes. They make reputedly the best paper shredders on the market. They entered a joint venture in China and all was great until their venture partners stole the company. You would think the law would work to help them, but in China the law only works to protect the Chinese. Just one more reason to tariff the hell out of anything coming from China to the US.

reply to post by sligtlyskeptical


I think if they would have been manufacturing those shredders in the US and giving people here jobs, instead of taking advantage of cheap labor in China, along with the other "benefits" they wouldn't have had this problem.

yeah just wishing that the states had laws like to neh?

# happens, it's called business.

peace

Why risk doing business with them in the first place? There is always a risk of doing joint venture in the history before this, for example Xerox and Fujitsu.

They did not steal it...

They repossessed it.

Just sayen....

Very smart move.


The company went from 168mil to a 68mil.

Yeah, sure you can hate the Chinese but if it was one American scamming another, you'd probably wouldn't notice it.

The Chinese will disavow all knowledge of this alleged activity.

And there won't be any evidence...because the Chinese will have shredded it all!

reply to post by sligtlyskeptical


I wonder if there is a shred of evidence left to support these claims.

its not China that is at fault here ..no its the American companies that take their manufacturing abroad. Stop being a shill for the very bastards that are ruining our country. Its American corporate and global interests who deem it acceptable to use a slave waged people to make substandard articles to sell to an inflation weary people.

How many patents, US or others, under licence do you think the Chinese have? Shedloads is the answer. Exactly why they have them in the first place is not an act of benevolence on the part of US patent owners/erstwhile producers to help the Chinese, it is to be able to have the patented products produced much, much cheaper without Quality being an issue, even if the methods of production in China is not allowable any longer in the US, because of industrial waste and disposal regulations blah blah. Besides that, industrial espionage is a multi-nation occupation, as is plain copyright thieving and the US is no exception. The Philishave/Remington case is witness to that, after the Philishave patent ran out. Trade marks may be a different kettle of fish, since that has not been properly resolved since the above case. Maybe, if you patent something, and wish to keep the monopoly on it for ever, your trade mark should be a schematic drawing of your patent.

Originally posted by Shadowfoot
its not China that is at fault here ..no its the American companies that take their manufacturing abroad. Stop being a shill for the very bastards that are ruining our country. Its American corporate and global interests who deem it acceptable to use a slave waged people to make substandard articles to sell to an inflation weary people.

I agree with most of what you say. However substandard is more subjective, most of the goods are of good quality, and in many cases better finished. In the case of toy goods for export for instance, it could be the case that the purchaser did not specify a particular paint, as in lead free for instance, so those toys may have leaded paint on them as an economic choice on the manufacturers part, that has occurred.