The Norman Transcript
The Rt. Hon. Lord Chris Patten, speaking to an OU Associates dinner
Monday evening, told the story of Yamaha's entry into the Chinese
motorbike market. The company spent years designing and perfecting
a scooter that would appeal and sell to the Chinese markets.
Within months of the scooters being introduced, Chinese factories
were producing knock-offs and selling them for considerably less
than Yamaha could make them. That's just one of the dilemmas facing
manufacturers who want to sell their consumer products to the
emerging Chinese markets.
Lord Patten, who attended Oxford with OU President David Boren,
said the tendency will be to be more protective. He served as the
last British governor of Hong Kong and spoke of China's emergence
as a world trading partner.
More Chinese are leaving rural areas and moving to cities where
skyscrapers number in the thousands. Manufacturing and white-collar
jobs are being outsourced there from Europe and the United
States.
Despite the job losses and theft of intellectual property,
solutions to world problems like pollution, global warming, the
illegal drug trade and genocide require the inclusion of
China.



