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To be fair, Chinese capital outflows are going everywhere in the US (and Canada), high tech is a tiny part of it. (Though there are structural reasons why capit
by ryandamm 10y ago
To be fair, Chinese capital outflows are going everywhere in the US (and Canada), high tech is a tiny part of it. (Though there are structural reasons why capital leakage via investment is easier than other capital leakage.)
In your own country, I'd point to Vancouver's real estate market as an example of Chinese capital flight that has nothing to do with IP.
And to be fair, copying successful tech companies with local clones isn't a purely Chinese phenomenon. I forget the name of that German firm that was doing precisely that, but they're a good counterexample and a common villain on these forums.
- 3pt14159 10y agoThe difference is that they actively took steps to block our companies there, like Google, who had a fully working Chinese search engine. I get the Realism in politics reason they did it, but it doesn't mean that we have to have to treat China with the open hearts, open doors philosophy we've been dealing with other more liberal economies.