How Chinese Officials Hijacked My Company • Hacker News Board

Re: How Chinese Officials Hijacked My Company

#161

Post by beaunative » Sat, Aug 08, 2020, 10:07 PM UTC

secondcoming wrote: post #130

beaunative wrote: post #123

Earlier quoted context omitted.

this is not a issue with Chinese buyers, this is a issue with existing land owner, who would do everything to imcrease sell price. Don't say somehow it's the buyers fault. Foreign buyers don't vote in election. it's the vote and money of property owners that allowed those purchase of land with no real purpose other than investment.

My post didn't blame them entirely. They have funds they need to get out of China so they buy property abroad. Having a child who is studying abroad is one of those ways. There's little intention to actually live there, let alone integrate with the community. The big question is how those funds were obtained. How can locals compete with buyers who can essentially print money? Funny money. Chinese banks are unauditabl…

Your last paragraph can't be serious. Are you suggesting somehow China can print dollars? US lands are of course bought with US dollar, which reasonably assumed, only the Fed can print.

Re: How Chinese Officials Hijacked My Company

#162

Post by cutemonster » Sat, Aug 08, 2020, 10:09 PM UTC

Wolfenstein98k wrote: post #63

dccoolgai wrote: post #24

Earlier quoted context omitted.

[flagged]

Wumao.

Thanks, I think I've noticed that me too, and it's nice to see that others are noticing the same patterns.

Lots of CCP critical comments getting downtown, and the discussions slightly derailed

Didn't know about that word before, only "troll farms".

Re: How Chinese Officials Hijacked My Company

#163

Post by greenyoda » Sat, Aug 08, 2020, 10:11 PM UTC

croutonwagon wrote: post #10

throwayws wrote: post #6

Earlier quoted context omitted.

It seems they activate the paywall after a post gets traction. Because there was none before.

Easy bypass is to run it through a url shortener, and then outline.com. Works for NYT as well, and most others.

Thanks, I tried this with tinyurl.com, and it worked!

The NYT paywall (and many others) can also be bypassed by blocking cookies and/or JavaScript using a browser extension such as uMatrix. (That doesn't work for WSJ, however.)

Re: How Chinese Officials Hijacked My Company

#164

Post by baybal2 » Sat, Aug 08, 2020, 10:12 PM UTC

runnerup wrote: post #148

zhikanbumai wrote: post #46

Earlier quoted context omitted.

Relevant news coverage in Chinese: https://translate.google.com/translate?sl=auto&tl=en&u=https...

Thank you, this was an excellent read for myself, an English-speaking American. It's interesting how much of a big story this is locally for that city. Are Chinese news stories often this long and detailed? Is it extra newsworthy because Saleen / "Sailin" vehicle manufacturing was part of that province's five year plan? Or would this have gotten the same coverage regardless?

The story enough fishy to look like a scam even by Chinese standards.

1. Doing business in China? Do it without govt. involvement. The less you see those guys the better.

2. Never do any joint ventures. Never deal with stocks, and public companies.

3. See a well wisher popping up on your doorstep with a business proposal? Turn the guy around, he is a scam.

4. Don't be public about your business, be as obscure as possible. Operate on online platforms. Have disposable shell company structures.

5. Don't ever get sued, and this is why you keep shell companies. Chinese legal system is almost as "sticky" as American one, if not more. Once the legal "casus belli" is established, and the court takes on the case, the plaintiff can keep suing you for all eternity.

Re: How Chinese Officials Hijacked My Company

#165

Post by secondcoming » Sat, Aug 08, 2020, 10:22 PM UTC

beaunative wrote: post #161

secondcoming wrote: post #130

Earlier quoted context omitted.

My post didn't blame them entirely. They have funds they need to get out of China so they buy property abroad. Having a child who is studying abroad is one of those ways. There's little intention to actually live there, let alone integrate with the community. The big question is how those funds were obtained. How can locals compete with buyers who can essentially print money? Funny money. Chinese banks are unauditabl…

Your last paragraph can't be serious. Are you suggesting somehow China can print dollars? US lands are of course bought with US dollar, which reasonably assumed, only the Fed can print.

They don't print physical dollars, but they can export their Chinese 'wealth' abroad through shady schemes.

As for printing US dollars, North Korea is suspected of doing so: https://en.m.wikipedia.org/wiki/Superdollar

Re: How Chinese Officials Hijacked My Company

#166

Post by ooobit2 » Sat, Aug 08, 2020, 10:42 PM UTC

innagadadavida wrote: post #60

seebetter wrote: post #51

Earlier quoted context omitted.

> One in five North American-based corporations on the CNBC Global CFO Council says Chinese companies have stolen their intellectual property within the last year. In all, 7 of the 23 companies surveyed say that Chinese firms have stolen from them over the past decade. I don’t see this as a minimized fact.

The rest of them could be silent due to pressure from CCP. So this problem might be more widespread than companies are reporting.

Pressure from equity holders, which happen to be Chinese logos. Someone shared an example on HN yesterday of Tencent, the largest gaming company. Chinese-owned, and owns major stakes in nearly a dozen of the largest game publishers and storefronts. Everything from Epic Games to Activision Blizzard, from Ubisoft France to the studio behind PUBG and the studio behind League of Legends. Path of Exile, Clash of Clans, Call of Duty Online... a Chinese mega-conglomerate has significant investments in all of them.

Re: How Chinese Officials Hijacked My Company

#167

Post by FpUser » Sat, Aug 08, 2020, 10:56 PM UTC

Personally I no longer support the concept of IP. Reason being that if it was enforced to the letter nobody except largest corps can't make a single thing now without breaking some patent and sued to the oblivion. As for software patents, this is just cherry on a cake of insult.

I bet there is not a single software product out there that does not break some patent.

Re: How Chinese Officials Hijacked My Company

#168

Post by coupdejarnac » Sat, Aug 08, 2020, 11:05 PM UTC

yorwba wrote: post #138

specialist wrote: post #107

Earlier quoted context omitted.

I just learned that Tesla in China does not have a local partner. Which surprised me. Was Tesla an exception? Are there others? Regardless, I'm absolutely certain that China is exfiltrating every morsel of IP. As state policy. It's what they do. The only interesting wrinkle to me is that Elon Musk is probably okay with the knowledge transfer. A man on a mission. Whatever it takes to get humanity carbon neutral asap.…

Wholly Foreign-Owned Enterprises (WFOEs) are not an uncommon way for foreign companies to operate in China, and Tesla is definitely not an exception. According to data from the Chinese ministry of commerce, WFOEs accounted for about 74% of all import/export by companies with foreign investment in the first half of 2020 http://project.mofcom.gov.cn/1800000121_33_13497_0_7.html

If that's true, I find that extremely surprising.

Re: How Chinese Officials Hijacked My Company

#169

Post by 11thEarlOfMar » Sat, Aug 08, 2020, 11:21 PM UTC

The US is in withdrawal from 4 decades of policy that intended to bring China out of the 3rd world and into the first. The motivation was to reduce the threat of nuclear war and at the same time, create a major new market for trade.

Those positive intentions did not foresee what China would actually become, and even if US administrations all along could have foreseen it, they may have persisted, believing that reducing nuclear threat was worthwhile, even with the current adversarial outcome.

The line that got crossed that I don't believe anyone anticipated was the genocide of entire ethnic and religious populations. Those horrors have a moral weight that counterbalances the threat of nuclear war. We have no choice but to completely decouple, and what's more, may still find ourselves in the shooting war we were trying to evade.

Re: How Chinese Officials Hijacked My Company

#170

Post by matz1 » Sat, Aug 08, 2020, 11:24 PM UTC

DeonPenny wrote: post #159

matz1 wrote: post #134

Earlier quoted context omitted.

You can but you are in mercy of Apple for the product roadmap or future update and you may not understand the product as intimately as Apple. They may also have server side components that would be very difficult to copy.

Who says I would be at their mercy, for example look at Google and Android. Does it seem like Samsung is waiting for Google's release. Google has the most knowledge of Android yet doesn't sell nearly as may phones. The only reason google continues this is because they make money from search, but if they had to make money from phones they'd have gone under.

Yes that's the point, google can still have make money despite samsung copying by using different strategy.