Eight years? Thirty more like.
The other reason that the Saudis are trying to create a manufacturing base is to be able to offer their own people employment. Well, that's the theory anyway.
Like many other countries (Britain, for example), the population continues to grow at (what could be considered) unsustainable rates. So you end up with legions of fed-up youngsters who have been "promised the Earth", for which the
status quo (Old Guard, whatever) can't deliver. Young blokes look around and can't fail to notice (or at least, perceive) that "all the jobs" (
what jobs?) are taken by (often itinerant) foreigners. Yes, Saudi Arabia and the UK have much in common, it would seem. The Mega-rich and the dirt poor, for instance.
In places like Saudi Arabia, religion is prominent in all areas of life, of course. Whilst in Britain (as you have already pointed out), greed plays a major part. As do short-sighted policies ... and (dare I say it), moral corruption and sheer incompetence.
However, Saudis still hold strong traditional values, of which they are proud. The English also used to adhere to characteristics that stood us in good stead throughout the ages. But all that seems to have gone as well now. In fact, to be honest, I find difficulty in seeing anything of any real substance in modern British society at all.
Do we actually
deserve to fail? You guys can make up your own minds about that. Or, put it another way - if you carry out a SWOT analysis, what do you find?
So let's not bother about Mindray
et al. But instead let's look at the Bigger Picture ...
But (lastly) if anyone wants to learn about the methods (and the true cost*) of Chinese "hi-tech" manufacturing, they could do worse than
Google Foxconn. This is how the Real World works, in case anyone still hasn't cottoned on.
Best learn Mandarin fast, I guess.

*
One of the reasons that Apple is set to become the world’s most valuable company this year, by the way.