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It doesn't prevent American companies from handing over all of their tech IP to China (the one that wasn't already stolen) and attempt to do their bidding at ev
by mtgx 8y ago
It doesn't prevent American companies from handing over all of their tech IP to China (the one that wasn't already stolen) and attempt to do their bidding at every step.
So it's win-win for China -- there's another (American firm) sucker born every minute looking to "enter the huge Chinese market", and the Chinese gov is taking full advantage of that (ultimately) hopeless dream.
- NicoJuicy 8y agoIt seems to be previous generation tech though
- meddlepal 8y agoWhich is still a better starting point than nothing. On one hand it sucks that China is abusing its position in the global market, but on the other hand I am really not shedding any tears for greedy corporate America getting screwed for once.
- javajosh 8y agoSadly, it's not just greedy "corpo 'merka" getting screwed. Plenty of scrappy software startups with stars in their eyes have services and products that would really improve Chinese lives, but can't or won't operate in-country because it is entirely too much risk.
- xj9 8y agomy impression is that this is exactly what China wants. what do they have to gain from allowing american companies into their market without some hurdles? it is far more beneficial to china to encourage local business development.