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If such policies are truly enforced, there seems to be little to stop China from stealing absolutely all the technical know-how of a foreign company installed t

If such policies are truly enforced, there seems to be little to stop China from stealing absolutely all the technical know-how of a foreign company installed there and supplant it with one of their own later on. It really feels like they're pushing how much companies are willing to bear to get access to China's market and manufacturing capabilities to the limit.

StreamBright 7y ago
And why would they not? The west for a very long time favoured the CEOs and share holders over general population when it comes to globalisation. China exploits that as much as they can. https://www.forbes.com/sites/mikecollins/2015/05/06/the-pros-and-cons-of-globalization/ https://www.forbes.com/sites/mikecollins/2015/05/06/the-pros... It is quite amazing that you cannot voice anything on HN anymore without being downvoted, regardless if you literary quoting wikipedia or basic economics.
- Peckingjay 7y ago
  I am aware that China has had no qualms to rig the game in its favor so far. Those measures would take it up on a whole new level though. I'm just not sure how many companies will be willing to abide by having almost all the data from their operations in China available to the government, unless they don't have other viable options, even though these might be a lot more expensive.
  - __warlord__ 7y ago
    China: At least they are up-front about it. West: NSA...
- mattnewton 7y ago
  I’m not sure I agree that the “west” is a monolithic bloc re: the general population vs shareholders/CEOs. Especially not in the current wave of popularism. Also, from the HN guidelines - “ Please don't comment about the voting on comments. It never does any good, and it makes boring reading.” (And I definitely agree when it is some anecdote like this)
  - StreamBright 7y ago
    I guess you haven't read the Forbes article. The west is pretty much a monolithic bloc when it comes to foreign policy towards China, Middle-East & Africa. A great example of that is the current events in Syria. You can also have a look at UN resolutions and try to see a pattern. https://en.wikipedia.org/wiki/List_of_United_Nations_Security_Council_Resolutions_2401_to_2500 https://en.wikipedia.org/wiki/List_of_United_Nations_Securit... NATO is also pretty good definition of the west with the exception of Turkey, even though missing few countries (like Finland and Sweden).
matz1 7y ago
I think it goes both ways, it will be little to stop foreign company from stealing absolutely all the technical know-how of a chinese company.
- blaser-waffle 7y ago
  They have to be bringing know-how, first. Right now it's mostly a one-way transfer. This may change in the future, though.
- generatorguy 7y ago
  There will be a breach eventually and all data of all people and companies existing or operating in China will be public.

StreamBright 7y ago

And why would they not? The west for a very long time favoured the CEOs and share holders over general population when it comes to globalisation. China exploits that as much as they can. https://www.forbes.com/sites/mikecollins/2015/05/06/the-pros-and-cons-of-globalization/ https://www.forbes.com/sites/mikecollins/2015/05/06/the-pros... It is quite amazing that you cannot voice anything on HN anymore without being downvoted, regardless if you literary quoting wikipedia or basic economics.

Peckingjay 7y ago
I am aware that China has had no qualms to rig the game in its favor so far. Those measures would take it up on a whole new level though. I'm just not sure how many companies will be willing to abide by having almost all the data from their operations in China available to the government, unless they don't have other viable options, even though these might be a lot more expensive.
- __warlord__ 7y ago
  China: At least they are up-front about it. West: NSA...
mattnewton 7y ago
I’m not sure I agree that the “west” is a monolithic bloc re: the general population vs shareholders/CEOs. Especially not in the current wave of popularism. Also, from the HN guidelines - “ Please don't comment about the voting on comments. It never does any good, and it makes boring reading.” (And I definitely agree when it is some anecdote like this)
- StreamBright 7y ago
  I guess you haven't read the Forbes article. The west is pretty much a monolithic bloc when it comes to foreign policy towards China, Middle-East & Africa. A great example of that is the current events in Syria. You can also have a look at UN resolutions and try to see a pattern. https://en.wikipedia.org/wiki/List_of_United_Nations_Security_Council_Resolutions_2401_to_2500 https://en.wikipedia.org/wiki/List_of_United_Nations_Securit... NATO is also pretty good definition of the west with the exception of Turkey, even though missing few countries (like Finland and Sweden).

matz1 7y ago

I think it goes both ways, it will be little to stop foreign company from stealing absolutely all the technical know-how of a chinese company.

blaser-waffle 7y ago
They have to be bringing know-how, first. Right now it's mostly a one-way transfer. This may change in the future, though.
generatorguy 7y ago
There will be a breach eventually and all data of all people and companies existing or operating in China will be public.