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Technology and know-how transfer was exactly the price paid by western companies for outsourcing to China. The companies got increased profits for few years and
by leonidasrup 6mo ago
Technology and know-how transfer was exactly the price paid by western companies for outsourcing to China. The companies got increased profits for few years and at the same time trained their future competition.
For example:
"Apple is considered the "Great Teacher" of China for playing a pivotal role in upgrading the nation's industrial, manufacturing, and technological skills over the past 25 year"
https://www.nytimes.com/2025/05/15/books/review/apple-in-china-patrick-mcgee.html https://www.nytimes.com/2025/05/15/books/review/apple-in-chi...
- FooBarWidget 6mo agoThis can be said of any human in any context. The juniors that work in your company can become your future competitors. Yet nobody concludes "never hire juniors".