Earlier quoted context omitted.
You left out the espionage part of the technology transfer equation.
You don't need much espionage when western companies are literally sending specs for their products to be manufactured in China.
When It Comes to China, Google’s Experience Still Says It All
81–90 of 271 posts
Re: When It Comes to China, Google’s Experience Still Says It All
#82Articles like these never fail to drive home just how much of a US patsy the EU has always been.
Unlike the EU, China has the capability to build companies that could rival top US players. So it's unsurprising that China takes the uncompromising approach to foreign investment that they do. I'd love to see an American's reaction to a speech where Xi Jinping exclaims that he will ensure that all Americans start using Baidu as their search engine.
Why would anyone care?
Re: When It Comes to China, Google’s Experience Still Says It All
#83Earlier quoted context omitted.
> It seems to me that China outplayed the West here by a wide margin. Don't worry, the game is not over yet. >For some reason, the West has let China get away with extremely protectionist trade policies the likes of which no one else in the world would dare even attempt. Yes. But this could be changed by Trump in one day. (Sorry, I know that this is an extremely liberal board). Chinese don't believe in win-win. They…
> Why? Because a lot of their decisions are irrational and it is extremely difficult to have an opponent that does irrational decisions. So if I make business decisions via ouija board or in a cocaine induced rage, I'll have a leg up?
No, but you'll have a job on Wall Street or maybe be a hedge fund manager.
Re: When It Comes to China, Google’s Experience Still Says It All
#84According to reports on the ground, Didi used its local knowledge to act more nimbly in satisfying Chinese customers. But my guess is that if the American ride-sharing company had been more successful, China would have put a Mao-sized thumb on the scales. So Didi was actually better; it's a bit unfair to say that otherwise the game would have been rigged.
Re: When It Comes to China, Google’s Experience Still Says It All
#85The West and China are playing a global chess game and have been for some time. An impoverished China was not in the West's interests and so they agreed to buy all kinds of lowish tech Chinese made goods. In return most jurisdictions enforced a balance of trade with China, with the exception of the US. On their end China insisted on joint ventures and technology transfer to the extent Western companies would comply.…
It seems to me that China outplayed the West here by a wide margin. For some reason, the West has let China get away with extremely protectionist trade policies the likes of which no one else in the world would dare even attempt. I think this was a combination of fear that isolating China vs creating a high degree of economic interdependence could lead to war down the line, and a lack of control over Western companie…
American media project a depiction of life that is very attractive by design, and this raises expectations among consumers of this media. If Chinese people were not aware of the lifestyles of westerners, the Chinese government would be under less pressure to improve standards of living. And yes everyone in every country knows that popular culture depicts dreams and aspirations rather than reality, but even with this discounting of what people in the developing world see they become aware of the quality of life in the west.
This causes an expectations revolution that is putting tremendous pressure on the Chinese government, which is not necessarily a bad thing but can cause society to destabilize if growth stops.
Re: When It Comes to China, Google’s Experience Still Says It All
#86The West and China are playing a global chess game and have been for some time. An impoverished China was not in the West's interests and so they agreed to buy all kinds of lowish tech Chinese made goods. In return most jurisdictions enforced a balance of trade with China, with the exception of the US. On their end China insisted on joint ventures and technology transfer to the extent Western companies would comply.…
Simple market dynamics caused this, albeit caused by market manipulation on China's part. China buys US debt, lowering the value of the Chinese dollars to the US dollar, making stuff in China dirt cheap.
Re: When It Comes to China, Google’s Experience Still Says It All
#87The West and China are playing a global chess game and have been for some time. An impoverished China was not in the West's interests and so they agreed to buy all kinds of lowish tech Chinese made goods. In return most jurisdictions enforced a balance of trade with China, with the exception of the US. On their end China insisted on joint ventures and technology transfer to the extent Western companies would comply.…
It seems to me that China outplayed the West here by a wide margin. For some reason, the West has let China get away with extremely protectionist trade policies the likes of which no one else in the world would dare even attempt. I think this was a combination of fear that isolating China vs creating a high degree of economic interdependence could lead to war down the line, and a lack of control over Western companie…
http://www.iol.co.za/motoring/industry-news/why-arent-foreig...
http://www.huffingtonpost.com/ian-fletcher/japan-the-forgott...
Re: When It Comes to China, Google’s Experience Still Says It All
#88China is a peculiar case. It has embraced parts of capitalism that ensure market growth. The huge domestic market coupled with aggressive stealing of IP to create cheapest-in-the-world knock-offs have fuelled its exports. However, having this selective breed of capitalism has allowed its leadership to sidestep aspects of American capitalism e.g. influence of corporations on leaders. This means that companies don't ha…
Translation: Everyone loves it when autocratic toughmen are in charge and get results. Well, until they turn against your interests and now you bemoan not supporting a more open and democratic system. First they came for the Socialists...
Its incredible how we're throwing away thousands of years of government theory here because one country can mass produce disposable tech garbage for the world and suddenly autocracy and totalitarianism is popular with geeks and MBA's because of it.
The whole "rise of the BRICS" choir that dominated this site and reddit for the past few years is starting to fall silent as Russia and Brazil's economies continue to do poorly and as China enters its first major growth downturn. Turns out "BRICS autocracy and corruption is just as good as Western democracy and open government and markets" didn't work out in practice. The autocratic approach is just central-planing with a different face and as such isn't agile enough to move as trends and markets change.
Re: When It Comes to China, Google’s Experience Still Says It All
#89Earlier quoted context omitted.
> Yes. But this could be changed by Trump in one day. OH really? How will he do that?
Tell them: Look, you can play around with your currency in whatever way you want. But if the trade balance is not balanced, we charge a 10% import tax. Per day. Cumulative. I think there are many countries that can produce cheap shoes, clothes and electronics. By now all this stuff can already be manufactured in the US again due to automation and robotics (see Adidas producing shoes in Germany AGAIN). This would be a…
Re: When It Comes to China, Google’s Experience Still Says It All
#90The West and China are playing a global chess game and have been for some time. An impoverished China was not in the West's interests and so they agreed to buy all kinds of lowish tech Chinese made goods. In return most jurisdictions enforced a balance of trade with China, with the exception of the US. On their end China insisted on joint ventures and technology transfer to the extent Western companies would comply.…
ref. Yale (wash your hands aftah ya piss...lol).
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