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" Trump is doing everything he can to undermine and destroy every vestige of a rules based independently arbitrated global trade system" I'm sorry but China is
by sonnyblarney 8y ago
" Trump is doing everything he can to undermine and destroy every vestige of a rules based independently arbitrated global trade system"
I'm sorry but China is flagrantly violating so many of it's own agreements. The IP agreements of the WTO for one.
There would be little fuss if China was sticking to it's own agreements.
- jayalpha 8y ago"There would be little fuss if China was sticking to it's own agreements. " This alone would be very "un-chinese". A signed contract in China is always a contract in negotiation. Can change any time.
- sonnyblarney 8y agoIt doesn't matter what's on the paper. What matters is what they do. If they don't respect IP, we shouldn't respect theirs. If they respect ours, we respect theirs.
- simonh 8y agoYou're out of date, a lot of that is in the past. They've still got a way to go, but they've been rapidly cleaning up their act, largely because so many Chinese companies are developing their own IP. They are doing what the US did. Rip of European IP until they had IP based industries of their own then get religious about it.
- pankajdoharey 8y agoYou couldnt be farther from the truth. US ripping off European IP? Almost all of the IP in semiconductors in US based not european, yet EU pays nothing by means of producing satellite communication equipments. Name a thing that US ripped from EU?
- sonnyblarney 8y agoI think the commenter is referring to further back, i.e. grabbing German Engineers and all that tech maybe?
- bildung 8y agoA bit further even, 18th to late 19th century. The U.S. was stealing every kind of IP it could get from Europe, from patented inventions to reprinting publications ignoring copyright. example source: https://www.pri.org/stories/2014-02-18/us-complains-other-nations-are-stealing-us-technology-america-has-history https://www.pri.org/stories/2014-02-18/us-complains-other-na... The history of Hollywood is also a fun read, it basically came into existence by filmmakers fleeing from Edison demanding people to buy licences for patented film cameras IIRC. Regarding IP, the US developed exactly the same as China does now: First the country was underdeveloped and mostly agrarian. In this period it stole IP massively, bootstrapping its own intellectual niches in this way. After a while those niches build up significant output and want to protect their own IP from others. The country starts to create and enforce its own IP laws.
- jayalpha 8y ago"Name a thing that US ripped from EU?" How about 46.000 patents, as a start? https://scholarship.law.duke.edu/cgi/viewcontent.cgi?article=2231&context=lcp https://scholarship.law.duke.edu/cgi/viewcontent.cgi?article... By the way, Europe is not the same as the EU :-)