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Much of the technology that kickstarted the Japanese economy's recovery was freely sold to them by American companies in the 1950s-60s, who were delighted to ma
by lainga 9y ago
Much of the technology that kickstarted the Japanese economy's recovery was freely sold to them by American companies in the 1950s-60s, who were delighted to make back R&D costs by licensing their ideas to Japan's then-puny economy. It came back to bite them a decade later, but they had no idea that would happen.
This is different from (as another poster has mentioned) keeping your domestic market walled-off unless companies agree to share their technology with you for free. They (American firms) are making this choice in full knowledge of how competitive China is with the US right now.