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U.S. Accuses Huawei of Stealing Trade Secrets, Defrauding Banks

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131–140 of 268 posts

Re: U.S. Accuses Huawei of Stealing Trade Secrets, Defrauding Banks

#131
post #15

Earlier quoted context omitted.

Not true. USMCA was signed before the arrest. Approx USMCA was finalized on Nov 30 (negotiated in the months before that. Meng was arrested on Dec 1). Citations: https://www.npr.org/2018/11/30/672150010/usmca-trump-signs-n... https://www.cnn.com/2018/12/05/tech/huawei-cfo-arrested-cana...

Can't argue with that. Thanks for correcting my fuzzy memory! In the same vein, this still removes the "we can always take our business over there" card that our PM was waving around.

The same PM was nicknamed "small potato" by Chinese.

Re: U.S. Accuses Huawei of Stealing Trade Secrets, Defrauding Banks

#132
post #91
post #40

Earlier quoted context omitted.

This line of thinking is too black and white. What would incentive a company to invest millions in new technology, like a new cancer drug, if they have to give up their secrets as soon as they do? No one would bother inventing any at all. And what about nuclear weapons? Are we supposed to think that it's better if every tin hat despot could just download plans for an ICBM?

> What would incentive a company to invest millions in new technology, like a new cancer drug, if they have to give up their secrets as soon as they do? No one would bother inventing any at all. Well, the incentives around research are a bit weird. I'm usually all-in on free market capitalism, but I have to admit that historically government sponsorship has a pretty great track record for research. For your specific…

Nuclear weapons are a good example of IP theft though. Russia stole plans from the US for nuclear weapons to get ahead. The US literally executed people for their role in it.

Re: U.S. Accuses Huawei of Stealing Trade Secrets, Defrauding Banks

#133
post #4

These look like serious charges: Defrauding four large banks into clearing transactions with Iran in violation of international sanctions. Conspiracy to obstruct justice by moving employees out of the United States so they could not be called as witnesses before a grand jury in Brooklyn. Conspiracy to defraud the United States by impairing, impeding, obstructing and defeating, through deceitful and dishonest means, t…

The only "serious" charge is busting sanctions which again, only the US is re-imposing on Iran, and for political reasons and exactly for bargaining in things like this. Trumped up propaganda shit, as usual.

Re: U.S. Accuses Huawei of Stealing Trade Secrets, Defrauding Banks

#135

Earlier quoted context omitted.

Why do people work on open source or give up time for charity? Not everyone is focused purely on collecting more money when their needs are already covered.

Very few people work on open source. You will find that most people trade their hours for money.

I think most people are very willing to do things simply for the sake of improving the world as long as it doesn't mean giving up their quality of life. Many people offer help for free, pick up rubbish they didn't drop and work on improvements for things we all benefit on. The only problem we have currently is many people are busy with menial work to maintain their quality of life.

I think the solution is potentially a mix of automation providing cheap resources to everyone and government funding for useful research.

Re: U.S. Accuses Huawei of Stealing Trade Secrets, Defrauding Banks

#136
post #97

Earlier quoted context omitted.

>If letting one person off the hook can benefit all americans through better trade, how is that a disgrace? it's a disgrace for the rule of law and an independent judiciary.

lol, our justice system has been a joke for a long time. James Clapper and John Brennan are walking free after violating every American's constitutional rights and then lying to congress about it. Meanwhile Edward Snowden is a wanted criminal around the world for exposing their rape of the US constitution and roger stone has his house raided by 29 FBI agents with CNN filming in the driveway for lying to congress. The…

Agreed, with a grain of salt.

Re: U.S. Accuses Huawei of Stealing Trade Secrets, Defrauding Banks

#137
post #3

I have to be honest — the allegations made here do not surprise me. The days of corporate espionage seem alive and well, and China’s image in the United States is taking a significant hit. It isn’t fair to the honest, hard-working Chinese nationals who want to build a life outside their homeland.

Since when was China's image in the United States ever great? It's one racist yellow peril after another since the 1800's.

The undertone to all of this handwringing has always been the racist assumption that the Chinese cannot possibly be capable of succeeding in a fair competition, and therefore there must be fraud involved. All said and done, people always find evidence of what they insist on believing in the first place.

Re: U.S. Accuses Huawei of Stealing Trade Secrets, Defrauding Banks

#138
post #8
post #2

Speaking as a Canadian, this is already old news for us. There have been lively debates over on /r/canada, which went very one-sided (understandably) after China arrested two Canadians as leverage. [1] As someone who likes to follow geopolitics, I can't help but wonder if the timing of this extradition request was strategic. When Meng was arrested, Canada was in the middle of NAFTA/USMCA re-negotiations and our Prime…

Counter-thought: the pro-diversity trade position might've been an intentional diplomatic measure to pre-empt the blowback from the arrest. "We're pro-trade; it's the PRC/Chinese who goofed."

Counter-thoughts like these are always worth considering.

Re: U.S. Accuses Huawei of Stealing Trade Secrets, Defrauding Banks

#139
post #3

I have to be honest — the allegations made here do not surprise me. The days of corporate espionage seem alive and well, and China’s image in the United States is taking a significant hit. It isn’t fair to the honest, hard-working Chinese nationals who want to build a life outside their homeland.

But is it fair to the Americans who lost jobs, manufacturing, future, because of the 20 years of "technology transfer" by China?

Ask the American companies and the richly retired CEO's who banged on China's door in the 80's demanding to outsource there.

Re: U.S. Accuses Huawei of Stealing Trade Secrets, Defrauding Banks

#140
post #89

Earlier quoted context omitted.

There wasn't a WTO and there weren't international trades laws, in the 1800s. Even then he wasn't working as an arm of the US government to deliberately steal IP to surpass the British empire technologically, which is what the Chinese are currently doing

> There wasn't a WTO and there weren't international trades laws, in the 1800s. No, but what he was doing was still highly illegal.

Could you quote the relevant law from 18th century England that he broke?
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