But of course,
"Dozens of countries have tried – and largely failed – to recreate the extraordinary culture and innovation attitude of Silicon Valley. The post-mortems on most of those efforts have concluded that the over-involvement of government agencies and the existence of too many rules and regulations have been behind their lack of success."
Most countries that tried went the route of insuring taxes will be paid, rules and regs applied along treaty lines to ensure that toes aren't stepped on with other countries and corps.
China sets itself up as a major stockholder in ventures, so no taxes needed, just profits. And as for regs and treaties?
The major stockholder (China), and consideration for the largest market (China), dictates how those will be followed.
Watch out World, this could be a major game changer!
Biting the hand that feeds IT
