They fear that they will engage in a race to the bottom with rivals unencumbered by the fine feelings of shareholders and domestic customers, and so are bound to lose.

• 他们担心自己将参加一场紧追不舍的比赛，而竞争对手却不受股东和国内消费者的细微感觉的羁绊，因此他们注定会失败。