One approach that vulnerable companies trumpet is speeding up the pace of innovation and rushing their products to market before Chinese competitors can catch up.
Chinese competitors with cheap labor, he said, drove the company into bankruptcy.
Indeed, European cashmere producers have generally been forced to cede high-volume work to Chinese competitors.
Chinese competitors won two gold medals, thirteen silver and nine bronze, enabling China to finish in 23rd place on the medal table.
The following table lists the number of Chinese competitors who participated in each Olympic sport.
In the competition, Chinese competitors won 183 gold medals; the next highest total was 54 won by South Koreans.
Chinese taekwondo judges were accused of throwing a game to a weaker opponent so that the Chinese competitor in the next match would win.
Chinese competitors won 44 medals, of which 17 gold, and finished in fourteenth place on the medal table.
He had just learned that he had lost one of his clients to Chinese competitors.
An increasing number of European textile companies are faced with shameless and illegal imitations produced by their Chinese competitors.