He manufactures low-quality ones in China and high-quality ones in Italy, where he uses much more complicated machinery.
WSJ: Diana Choyleva: China Is Too Large for Its Own Good
In 2011, companies from China were granted more U.S. patents than companies in Israel, Australia, Italy, Netherlands, Sweden, and Switzerland.
FORBES: Why Emerging Markets Are More Innovative Than America
In China, 58 percent of the wealthy plan to spend more on leisure travel, followed by 28 percent in Italy and 22 percent in Germany who say the same.
FORBES: China Leads World in Luxury Spending
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