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I think that’s mostly an American stereotype, I believe Estonia and France and several other European countries get roughly the same amount of paid holidays as well as paid time off. Though apparently you guys also have a 35 hour work week, which I’m jealous of!
That’s definitely true, and the thought has crossed my mind before.
Anything an European company manages to sell in China is going to be a huge boost too. It’s the damn IP laws that are a pain to work with, though. A Chinese company perfectly clones your product? Well, you’re not going to win if you sue them.