And what does the above statement have to do with the discussion at hand??
You know, a culture, or a government, or an industry has to work long and hard to earn a stereotypical image. Just like your example of Wall Street, banks, and mortgage brokers who sold their solid reputation down the river for a quick gain in the short term, the Asian manufactures who churn out counterfeit goods, pirated movies, and lead-painted toys have traded off their own ethics and earned their poor image in consumer's minds. Both the American finance industry and the Asian manufacturers have to live with the poor image and lack of trust they self-created.
It took Japan 30+ years to overcome their pre-war image of a country that made cheap tin crap and become recognized as a superior source of products. It may take greater China and South Korea as long to earn an untarnished reputation as an ethical and trusted trade partner. There have been too many major incidents over the last 20 years to grant them an ounce of credibility today.
I do know that there are some Asian countries that one can do business with that, in general, are ethical and fair, such as Japan, Tiawan/Formosa, parts of Indonesia, and even Vietnam. And it's unfair that they get lumped together with the bad guys in the public's image. But I don't make the rules regarding public sentiment.