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China seeks prestige with his "Made in China" OSAMA BIN LADEN DEAD

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Chinese products are seen world as cheap and not quality.

In 2030, China has the world's largest GDP and the GDP of the BRIC outdo the G7.

China is characterized by XEROX machine (copier) world's largest and that copies from clothing to fighter jets Su-27 Russian, though in 2009 China surpassed Germany as the world's largest exporter and economic data indicate that this year will become the number 2 economy in the world surpassing Japan, which achieved at the end of 2010.

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This power has a major problem is the lack of private labels that give a global status make millions in profits that remain in the country, for example with the iPhone fully assembled product in the country of final consumer price is about $ 750 in China only have $ 25, for any Nike tennis is only 4 cents.

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All this problem becomes more serious because of the lack of innovation in the Chinese take it as easy option to make money copying the mill and other products, and some high paying royalties to the large corporation for manufacture its products, a good example is the cellular China has paid an estimated $ 100.000 billion royalties for the use of cellular technologies developed in the West, developed its own technology which has not been very successful due to faulty and only has 20 million users in a market of 500 million

China have local companies and brands, including 34 listed in the Fortune 500 but does not operate internationally, the 3 largest banks in the world are Chinese.

The Chinese have much money derived from their exports and maquila labor is very cheap and have bought IBM's PC brand renaming Lenovo, and this year the company Geely buy Volvo from Ford, the owner of the company says that Volvo sought to create a new market in China.