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Uhm, how you even come up with this conclusions ?? China was throwing away so many US companies. Stole so many IP with no trials or fines for that. US didn't p
by maxdo 6y ago
Uhm, how you even come up with this conclusions ?? China was throwing away so many US companies. Stole so many IP with no trials or fines for that.
US didn't protect their interests for years. Any other normal country would protect their businesses years ago.
This pressure is very soft and kind comparing how China treat any other foreign company not only US.
- DiogenesKynikos 6y agoThe IP theft claims are massively played up. American companies did business in China because it made them money, even despite possible IP theft or IP transfer agreements. The US has protected its interests just fine in China. Its companies have made massive profits off of Chinese labor and in the Chinese market. In order to join the WHO, an institution created largely by the US, China underwent all sorts of business-friendly reforms, including privatizing parts of the economy, lowering tariffs, and establishing IP protections. Enforcement of IP rights has increased dramatically over the past decade, by the way. > This pressure is very soft and kind comparing how China treat any other foreign company not only US. China isn't going around the world trying to force foreign companies to stop doing business with American companies. The US' actions against Chinese companies are far more extreme than the other way around.
- DiogenesKynikos 6y ago*WTO, not WHO
- billfruit 6y agoIP theft seems to be a massively overhyped claim, and I do think that isn't the real driving force behind US policy. It is not as if IP theft has suddenly soared into an unbearable level as to force US to act suddenly. WTO surely has frameworks to handle such issues, but it is US who seems to find them inconvenient and is trying to seek unilateral means. Even for example closing the Houston counsulate has been done on vague reasons, the US government should be transparent in explaining the specific reasons behind the action to the US public and the press, which hasn't been done till now. Seen in light with other recent actions like sanctioning of companies working on the Nordstrom2 pipeline etc, US surely is acting up the role of international bully in recent days.