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It's not stealing, it's forcing you to share your know-how (sometimes patented, but perhaps not in China) in exchange to access to market. That includes trainin
by polskibus 9y ago
It's not stealing, it's forcing you to share your know-how (sometimes patented, but perhaps not in China) in exchange to access to market. That includes training of workers (sort of like graduates joining Google, leaving getting trained, after a couple of years they leave and establish a startup).
The other side of this is takeovers in the West - sometimes they get blocked by government, like quite recently in Germany.
The West wanted cheap workforce, it came with a hefty price that will be paid years later after WTO admission, didn't you know?
- seanmcdirmid 9y agoIn the case of car manufacturing, it isn’t about getting access to a cheap workforce, but getting access to the Chinese market.
- anthonyleecook 9y agoLike you mentioned, the problem is that China promised an open market 15 years ago to wto. What we got instead is forced local 50/50 “partnership” and tech transfers. With the Chinese state enterprises winning at the end.