Hugh Hendry talks about this a lot, its not just tech companies but nearly all industries are like that. We allowed China into the WTO and to trade with the world because we expected them to allow us to sell stuff there. They continue to play the game on their rules, and keeping their currency low by flooding the world with its surplus savings, further enriching itself and causing this huge asset boom in the West. Its not fair, he says we should start by putting extra taxes on the investments owned by Chinese government.