At this point it'd be nice to know if QMC is obligated to put reactors in China at all.
In my view, the cost of shipping materials is nothing compared to a) the 50% of profit (not sales) hit QMC takes from QMA operations and b) the risk of IP theft.
As to the "market introductions" GTG can make for QMC's products, it would seem manufacturers know about QMC. These manufacturers aren't boys at a middle school dance; if they're interested, they'll ask.
If QMC can ship from the US, to me, partnership for manufacturing in china represents loss of revenue and undue risk.
Frankly, i think Squires needed to buy time. When i bought in, part of the reason was the tetra-pod dots they had the license to make. As it turns out, display manufacturers want nothing to do with a dot that emits two colors from one. Who could blame them? Then, the cadmium restrictions. So, as i see it, QMC has had to develop a completely new product from what they were pitching when i bought in. Fair enough, that takes time and money. Also, they needed to have approval to ship their goods, which i can only assume restricts them to a certain limited range of formulation...more time, more money. Do i think QMC now has the product and the means to meet the market? Yes. Do i think Squires is a bit of a weasel that will do anything to survive? Yes, but, while eagles may soar, weasels don't get sucked into jet engines.
