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I mean, regardless of whether we should expect a country to engage in this behavior or whether or not it is right, it’s worth noting that this is an area to pla
by mattnewton 8y ago
I mean, regardless of whether we should expect a country to engage in this behavior or whether or not it is right, it’s worth noting that this is an area to plan around in trade agreements and concessions. Despite contracts with the companies in question, the IP was used for whatever purposes the Chinese government wanted.
So it’s worth noting that, as a western company, you cannot trust these agreements, whether or not the actions of the Chinese are justified. You should assume that any restrictions you negotiated are worthless, and if you want access to the Chinese market the price implicitly includes any IP the local partner can take.
That’s what I see as the takeaway.