3 ms·
There is no wholesale theft. Theft is getting something against their will or them not knowing. China offered foreign corporations to open factories in China,
by mtw 7y ago
There is no wholesale theft. Theft is getting something against their will or them not knowing.
China offered foreign corporations to open factories in China, under the condition that's it's done with a local partner. Western companies put IP, funds and many other assets in the joint venture, willingly.
This is the same as American corporations selling tanks and planes to Israel. Now look right now and you have Israeli companies producing latest-gen weapons, with a large portion integrating American design and IP. Where is the outrage?
If you are thinking about groups of hackers hacking into networks and stealing plans and designs, we're more at the stage of McCarthyism hysteria or anti-japanese sentiments in the 80-90s. So far, what's more obvious is state-sponsored Russian hackers, and a bit behind Israeli hackers.
Now at the individual level or at corporation level, it is true there are cases of theft. For example, there are blatant copies of the Mercedes G-Wagon, many other cars and products. Chinese will get a copy of your product and will find a way to sell you a copy for 1/3rd the price. There is no wholesale state sponsored theft, and a large percentage of Chinese companies actually follow the law.
I think people must be very careful currently. You're just being a mouthpiece for Steve Bannon and Trump by writing "wholesale state sponsored theft"