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Does this mean China's recent declaration that "Foreign Firms Won't Be Forced to Turn Over Technology" [1] is not to be believed? [1] https://www.bloomberg.com

• will4274 9y ago
  As the saying goes "thou doth protest too much, methinks." China will SAY anything - you might recall China promising to float its currency in the Bush years when this was a sticking point in trade - a float that happened in name only and so the request to actually float currency remains in US trade negotiations with China.
  • icelancer 9y ago
    >>so the request to actually float currency remains in US trade negotiations with China. While they do their best to ban BTC and other cryptocurrency that will allow for the free exchange of their currency for others.
    • bandrami 9y ago
      Control of monetary supply, a fixed exchange rate, free flow of capital: please choose any two.
• mseebach 9y ago
  It may well be that foreign companies are merely encouraged to participate in mutually beneficial exchanges of know-how. I have no information either way on the subject, but generally, no, it not exactly a novelty that a government announces a grand intention, and mostly even sticks to the letter, but drifts significantly from the spirit when applying the intentions under the constraints of everyday political life. Not because of any specific malice, but because governments are huge beasts the sit on top of a huge intricate web of opaque incentives.
• Chris2048 9y ago
  Considering it recently told Britain its HK agreement was not to be honored.. I don't know why China is trusted at all..