2 ms·
Which is IMO fine for PRC since it's manufacturing base can always out compete west on cost. The real issue is IP law protects incumbents, predominantly western
by dirtyid 3y ago
Which is IMO fine for PRC since it's manufacturing base can always out compete west on cost. The real issue is IP law protects incumbents, predominantly western companies. Stats from a few years ago was PRC was paying $6 in IP to US for every $1 it took. It's a rigged game with rules made by west to benefit west. It's unsustainable. As PRC catches up, would it like a world where their IP gets respected? Yes, but the second best is a world where western IP gets increasingly ignored because that deals disproportionate damage to those with most profitable IP portfolios.
- deleted 3y ago[deleted]