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Perhaps, as Scott Adams has said, "It is not safe to do business in China."
It is also not safe, from a business perspective, to ignore China altogether. Very difficult situation indeed.
Greed is at the root of your conundrum. Put that aside, and you'll see more clearly.
Are there examples of mainland-grown IP/technology breakthroughs that resulted from such "transfers"? It seems so far that this does enable China to further catch up and massively expand the use of the captured technology, but are there instances of them qualitatively surpassing it? I'm sure China has enough resources for advancements beyond replication, as much as it's capable of showcasing something to the rest of…
Some of the most competitive products in some categories are from China, for example in drones. It's only a matter of time until they work their way up the chain. Remember the Tim Cook quote how it's difficult to fill a room with machinists in US, while in China you can fill 3 football fields with them.
Seriously though, has this country produced any new invention? I would expect a country with 1.5 billion would come up with something novel. I can think of nothing unique, only modification of existing inventions.
Western executives are in over their heads dealing with China. I don't think they even realized who was holding their leashes until China decided to start yanking on them a bit.
He is still defending his position. (He can't talk negatively about Cina anyways) 'Billionaire investor Ray Dalio said investors are misconstruing China's regulatory clampdown on tech companies as "anti-capitalist."' https://www.cnbc.com/2021/08/25/ray-dalio-wrong-about-china-...
Already in 2018 someone asked: "Ray Dalio Needs China. Does China Need Ray Dalio?" https://www.institutionalinvestor.com/article/b1936rrvltbzc1...
This is the standard Chinese operating model, as I understand it. Accept foreign subsidiary investment on condition of 51% Chinese ownership, transfer the technology, then turn around and compete with the parent. It was a similar story with maglev trains.
This gets overblown a lot in the same way that we used to discredit Soviet scientific advancements by claiming they stole all the important bits from the Americans. Yes, China does steal US technology and industry and yes, it has happened on a number of occasions with concrete documentation. However, that does not mean that China is not capable of innovation or shrewd business moves and it should not be assumed to be…
Western executives are in over their heads dealing with China. I don't think they even realized who was holding their leashes until China decided to start yanking on them a bit.
I know one shouldn't attribute to malice what can be attributed to incompetence, but in this case I think malice is where it's at. Western executives are not so dumb to think China will play nice with them. I've never met anybody whose spent more than 2 hours working with the Chinese who thinks they are remotely trustworthy. Western execs whole plan has been to pump short term numbers, cash in, and get out before the…
Western executives are in over their heads dealing with China. I don't think they even realized who was holding their leashes until China decided to start yanking on them a bit.
They don't care because they'll be long gone and next generations will be dealing with the problem. Same as engineers who come in at the start of a project and do a number on the architecture, get their accolades and bonus, leave to their next gig, and let the suckers deal with the BS they built.
Well, Smart.
Earlier quoted context omitted.
Some of the most competitive products in some categories are from China, for example in drones. It's only a matter of time until they work their way up the chain. Remember the Tim Cook quote how it's difficult to fill a room with machinists in US, while in China you can fill 3 football fields with them.
As far as I'm aware, the biggest innovation out of China in the past 300 years has been the face-kini. Seriously though, has this country produced any new invention? I would expect a country with 1.5 billion would come up with something novel. I can think of nothing unique, only modification of existing inventions.
Earlier quoted context omitted.
Maximizing short term profits.
CEOs answer to shareholders. Shareholders want returns. You want returns for your own investments and so do I.
Wait, who am I kidding? Only a handful of shareholders decide the actions of a company, and even fewer know what the company actually does besides money-in = more-money-out. Most just want as much profit as fast as possible, hence the risks taken with China.