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[CLIP] How Communist China Outsmarted Hollywood and American Business: Chris Fenton
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"The Chinese Communist Party, when they opened up [the Chinese market], they came up with this very smart plan,” says Hollywood veteran Chris Fenton.
“If you want to sell fish in the Chinese market, you have to teach them how to fish. If you teach them how to fish, you're going to sell your fish there. But eventually, they're going to learn how to fish, and then they're going to catch their own fish. And then the government's only going to want the fish they catch to be sold to their people. And that's essentially where we are,”
"Cut to today, some of our biggest competitors…not just in the PRC, but in the global market, are now Chinese competitors,” Fenton says.
In this episode, he breaks down how the Chinese regime outsmarted Hollywood and American business.
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