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China Is Nationalizing Its Tech Sector

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181–190 of 228 posts

Re: China Is Nationalizing Its Tech Sector

#181
post #131

Earlier quoted context omitted.

I wasn't trying to make a semantic point, more of a sovereignty or legislative point. I'm perfectly willing to concede the semantic point: that bag is fake. The legislative one is "does thia have to be a crime?" Trademark (like most IP rules) are ultimately decided mostly on utility grounds. Does this IP system produce or destroy economic value, and who's value is it producing and destroying. Maybe China can do witho…

This has always been the case. America "stole" IP from Britain during the industrial revolution. China is doing the same now. IP laws are part of the legal doctrine of any country; another Sovereign entity cannot be compelled to follow it legally. So you use other tactics, e.g. membership in the WTO, which gives access to Western markets, to try and force other Sovereign nations to respect those laws.

> America "stole" IP from Britain during the industrial revolution.

This seems like a really fascinating subject. Any links to articles/youtube channels you can recommend on how industrialization spread?

Re: China Is Nationalizing Its Tech Sector

#182
post #123

Earlier quoted context omitted.

Where will it move to? Tech manufacturing is till pretty labor intensive, at least for the consumer electronics that I believe we are talking about. India probably has better IP laws on paper, but they're hardly ever enforced. The only real alternative seems to be that we reach such a level of automation that these factories can be viable in the West. Still, China's integration into the supply chain of global manufac…

Come to South Asia -- Bangladesh, India, Pakistan. Weak institutions and governments concerned solely with infighting mean that your IP is probably safe from marauding governments. All your clothes are already made there, why not your electronics?

I noticed some electronics components I order are coming from Thailand. Stem is strong in those regions and China's workforce are demanding higher skills jobs. While factories are moving towards automation because of rising wages.

Re: China Is Nationalizing Its Tech Sector

#183
post #123

Earlier quoted context omitted.

Where will it move to? Tech manufacturing is till pretty labor intensive, at least for the consumer electronics that I believe we are talking about. India probably has better IP laws on paper, but they're hardly ever enforced. The only real alternative seems to be that we reach such a level of automation that these factories can be viable in the West. Still, China's integration into the supply chain of global manufac…

Come to South Asia -- Bangladesh, India, Pakistan. Weak institutions and governments concerned solely with infighting mean that your IP is probably safe from marauding governments. All your clothes are already made there, why not your electronics?

Terrible vocational education system. Everyone wants to do a BCom or BTech and be a manager.

Re: China Is Nationalizing Its Tech Sector

#184
post #61

Earlier quoted context omitted.

> Imagine a Chinese company operating > in the states, with an a fully imported > senior management and all "c-level" > discussions in chinese. In other words, imagine a Chinese company operating in the US the same way US multinationals operate on continental Europe.

Essentially, that's exactly what I meant :) Europe and the US have a very extreme history. These trade norms were established when America was either your (as a west European) your saviour from fascism and protection from Stalinism, or your occupier. They were also fabulously wealthy, successful and powerful. People have forgotten over the last 10 or 20 years, how things were until the early 90s, at least in terms of…

You think it's odd that in Europe, where the UK/Ireland play a substantial role, that meetings are conducted in English? Especially at tech companies, where US-based companies play a substantial role in the world?

From my experience, English is the common denominator of languages across Europe and tech. Most tech documentation is in English.

Regarding your postscript edit, there are many global participants of varying agendas working to disrupt faithful discussion of real issues and it is easy to be misconstrued, so I wouldn't take it personally.

Re: China Is Nationalizing Its Tech Sector

#185
post #166
post #123

Earlier quoted context omitted.

Where will it move to? Tech manufacturing is till pretty labor intensive, at least for the consumer electronics that I believe we are talking about. India probably has better IP laws on paper, but they're hardly ever enforced. The only real alternative seems to be that we reach such a level of automation that these factories can be viable in the West. Still, China's integration into the supply chain of global manufac…

I fear it might even be too late. Tech-hotspots like Shenzhen are so highly specialized on producing any kind of tech extremely fast, that the Western world cannot replicate that without massive costs that would instantly double all hardware prices. The kind of expertise needed to create those manufacturing powerhouses might not even be in Western hands anymore. Nowadays, if you are a hardware start-up that needs spe…

It's actually not totally true. There are tons of pcb fabs in NA. But it's a lot cheaper in China.

R&D costs are just more expensive here or it takes longer vs in Shenzen.

3d printing has also drastically reduced time to production as you can iterate the design during development.

Re: China Is Nationalizing Its Tech Sector

#186
post #131

Earlier quoted context omitted.

This has always been the case. America "stole" IP from Britain during the industrial revolution. China is doing the same now. IP laws are part of the legal doctrine of any country; another Sovereign entity cannot be compelled to follow it legally. So you use other tactics, e.g. membership in the WTO, which gives access to Western markets, to try and force other Sovereign nations to respect those laws.

> America "stole" IP from Britain during the industrial revolution. This seems like a really fascinating subject. Any links to articles/youtube channels you can recommend on how industrialization spread?

It is very fascinating. There is a LOT of nuance behind the question of why certain countries manage to industrialize/develop and others fail to. And then answer isn’t obvious or simple. I think this is a nice article about this specific topic: http://foreignpolicy.com/2012/12/06/we-were-pirates-too/

Re: China Is Nationalizing Its Tech Sector

#187

Earlier quoted context omitted.

>the West keeps falling for it for some reason The west acted as if mercantilism basically couldn't work. Ricardian theory of comparative advantage was elevated to near-religion status in the 90s and early 00s. China not opening up fully was seen as an aberration that would ultimately only harm China rather than a potential long term threat. That was the prevailing attitude among policymaking circles (you can see thi…

I got some lessons in that religion in the early 00s, and think it's still gospel in a lot of circles (I certainly know a few vigorous proponents). Is there a school of thought that's superseded the Ricardian theory?

Mercantilism still doesn't work, but like most bad things in capitalism, the corrections can take so long they may not be worth the pain they cause.

The idea is that we take advantage of China's willingness to make stuff for us (west) cheaply while they grow their exports, then when they try to raise prices, we switch away. The risk is the switching costs are expensive.

Re: China Is Nationalizing Its Tech Sector

#188

The "trade war" thing has been the most/only interesting ideas to come from trump, to me. It was interesting in that he did recognized (fluked into?) an actual shift in public/expert position. China is the pro-trade side. They'll be willing to make concessions, do the work, etc. It's the beijing consensus now, not washington. Large american companies are still on the pro-trade side, being multinationals. They also ha…

Please stop to reconsider reality before labeling China "pro-trade". As a foreigner, China is truly off-limits: * In China, nearly all innovative industries are completely legally restricted from foreigner owned businesses (in contrast, in the US, the lone restricted industry is mortgages). * Likewise, in China, most non-innovative industries require you to setup a company with foreigners as minority shareholders, so…

Which is the historical norm. It took a series of extraordinary crushing defeats and the fallout therefrom to produce a China weak enough to be willing to "open" it's markets on terms not its own. Reversion to previous patterns is not terribly unexpected.

Re: China Is Nationalizing Its Tech Sector

#189
post #132

Earlier quoted context omitted.

> China is the pro-trade side. They'll be willing to make concessions, do the work, etc. It's the beijing consensus now, not washington. China isn't pro trade per se. They're pro export, in the old mercantilist sense. They've spent the last 30 years heavily restricting trade access into and within China by foreign entities. They'll amass around a $900 billion to $1 trillion trade surplus with the EU over the five yea…

>Here's how the China trade illusion works (and the West keeps falling for it for some reason): Plainly, its because most Western Governments (especially in the US) are heavily influenced by business interests via lobbies, PAC's etc. And Businesses simply want to use cheap labor in China to improve their bottom lines, even if that means the labor force in the US suffers as a result. They do not give a shit if China r…

The US has the most advanced manufacturing sector in the world, while China produces the overwhelming junk you can find at the big-box stores.

China's gov is basically one giant corporate lobby on behalf of a single country.

Re: China Is Nationalizing Its Tech Sector

#190
post #57

Earlier quoted context omitted.

Trump might be fighting for a good cause, but he is doing it in the most stupid way. The road to hell is paved ... Case in point: the original TPP had plenty of protection for American IP. The orange demagogue ditched the treaty, all the other countries removed those protections and now he wants to come back. The pattern of stupidity is pretty obvious: the US needs international allies to prevail against China, but i…

well said on TPP, we should be in that than out. Unfortunately it became a political talking point, rather than a real discussion.

The concerns I saw raised were about subverting sovereign power while elevating corporate power. I didn't read the source documents myself, but I would before getting too deep into the weeds on this topic.

Certainly, walking away from the table with some doctrine of, "unilateral agreements only" is shortsighted.

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