are inl's chinese "friends" trustworthy? , page-14

This article from Canada is worth a read regarding the trustworthiness of Chinese when doing business with them.

http://network.nationalpost.com/np/blogs/fpcomment/archive/2009/09/14/the-new-china-syndrome-the-threat-to-canada.aspx

And this extracted from the article.

There is still little respect in China for intellectual property rights and the law of contracts. If they can copy something and pay nothing for it, they will, as Monsanto discovered with China’s own generic competition to its herbicide business. If the Chinese don’t like the terms of a contract they will repudiate it, as the Chinese are now threatening to do: they are encouraging their state-owned companies to tear up their financial derivative contracts on the price of oil with some of the world’s major banks because the price of oil has dropped and they want to recover some of their losses.