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How Chinese Officials Hijacked My Company

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Re: How Chinese Officials Hijacked My Company

#171

Post by galimaufry »

dragonwriter wrote: post #120
galimaufry wrote: post #118

Earlier quoted context omitted.

Sorry, I should have consistently specified "urban" land. Urban land is not finite (cities grow) and is very high value-added. American policy makers have chosen policies (eg zoning law) that make it easy to produce valuable urban residences. Now they have a massive competitive advantage in high-end residences, so of course they will become exporters.

> Urban land is not finite (cities grow) “Capable of growth” and “not finite” are not the same thing.

I'm using 'finite' in the same colloquial sense as GP:

> there is a fundamental difference between finite, rent-generating resources like land, and value-added goods

Re: How Chinese Officials Hijacked My Company

#172

Post by redis_mlc »

AlbertoGP wrote: post #112
de6u99er wrote: post #61

Reminds me of the TransRapid story. https://www.dw.com/en/china-masters-german-train-technology-...

Well, they did promise to cut costs to 1/3 of the German version, but they didn’t actually build it: “Originally planned to be ready for Expo 2010, the controversial project was repeatedly delayed, with final approval being granted on August 18, 2008.” “[...] In March 2009, the project was reported to be "suspended", although it had not been officially cancelled. The October 26, 2010 opening of the Shanghai–Hangzhou…

I was on the Shanghai-Pudong maglev train last year. They accelerate to 300 kph.

It uses German technology based on 1920's era patents. It doesn't use superconductors.

All the foreign passengers took selfies with the lead car in the background. :)

There's an excellent maglev museum at the Shanghai terminal.

The "maglev" rail stores yard is half-way along the route.

AMA.

Re: How Chinese Officials Hijacked My Company

#173

Post by naringas »

matz1 wrote: post #40
Wolfenstein98k wrote: post #27

The scale of their IP theft is incredible. The CFO survey said it is happening to 1 in 5 US corporations, which is incredible if you think about it - but the trouble is the scale is larger than that, when you include what they steal via surveillance too. I can't see an answer outside of decoupling, seeing as they're set on their path and proud of it. https://www.cnbc.com/2019/02/28/1-in-5-companies-say-china-s...

>I can't see an answer outside of decoupling Maybe stop relying on IP as your business strategy ? Always be innovating so that you always be one step ahead those who copying.

It's far worse, USA needs their entire economy to stop relying on IP

Re: How Chinese Officials Hijacked My Company

#174

Post by Gibbon1 »

naringas wrote: post #173
matz1 wrote: post #40

Earlier quoted context omitted.

>I can't see an answer outside of decoupling Maybe stop relying on IP as your business strategy ? Always be innovating so that you always be one step ahead those who copying.

It's far worse, USA needs their entire economy to stop relying on IP

My belief is the reason the US is suddenly freaking out about China is

a) China is now creating their own IP. Because of course once you outsource manufacturing all the engineering and technical skill quickly follows. The next generation of products doesn't get designed in the US, it gets designed in China.

b) China being flush with cash is now moving into international finance. You can imagine how well that's going over in the financial centers of the indebted west.

Re: How Chinese Officials Hijacked My Company

#175

Post by naringas »

intellectual property is conceptually corrupt.

at the very least we should be honest and admit that it's all about being continuously paid for things we already finished doing (sometimes even generations ago).

but I am pretty sure that it will have to get worse, far worse, so bad that a Kafka seems tame before people get convinced that ownership over language is stupid.

Re: How Chinese Officials Hijacked My Company

#176

Post by georgeecollins »

Wolfenstein98k wrote: post #52
matz1 wrote: post #40

Earlier quoted context omitted.

>I can't see an answer outside of decoupling Maybe stop relying on IP as your business strategy ? Always be innovating so that you always be one step ahead those who copying.

How do you out-innovate a country which has less regulation, more intrusive surveillance, more factories ready to churn out whatever you invent, more workers (and Uighur slaves) ready to do the labour for less, and no qualms about stealing anything and everything you come up with and copying it at a scale you can't possibly match?

One way is to make your country an attractive place to live for the top innovators from around the world. China can’t do that. This is a proven strategy for the US that is being sabotaged by the current US administration.

Re: How Chinese Officials Hijacked My Company

#177

Post by TazeTSchnitzel »

naringas wrote: post #175

intellectual property is conceptually corrupt. at the very least we should be honest and admit that it's all about being continuously paid for things we already finished doing (sometimes even generations ago). but I am pretty sure that it will have to get worse, far worse, so bad that a Kafka seems tame before people get convinced that ownership over language is stupid.

To promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Right to their respective Writings and Discoveries

Re: How Chinese Officials Hijacked My Company

#178

Post by dragonwriter »

galimaufry wrote: post #171
dragonwriter wrote: post #120

Earlier quoted context omitted.

> Urban land is not finite (cities grow) “Capable of growth” and “not finite” are not the same thing.

I'm using 'finite' in the same colloquial sense as GP: > there is a fundamental difference between finite, rent-generating resources like land, and value-added goods

But urban land is finite in every sense in which land is finite, so no matter what sense the poster was using it in regard to land, you are incorrect to say urban land is not finite.

Re: How Chinese Officials Hijacked My Company

#179

Post by Gibbon1 »

zozbot234 wrote: post #89
rbecker wrote: post #50

Earlier quoted context omitted.

In this context, IP includes trade secrets, industry know-how, and human expertise. Strip away the IP, and only inventory and manual labor is left.

> IP includes trade secrets, industry know-how, and human expertise These are the hardest kinds of IP to reproduce or "steal", though. I can believe that direct infringement of formal IP rights might be an issue, but this sort of more 'tacit' knowledge is a different ballpark.

They aren't hard to steal when your building another companies products for them. Eventually you're the one that has all that not them.

20 years ago I was saying the mistake American Businessmen were making is they thought they somehow owned all those factories in China. And they did not at all. Since then Chinese companies have been taking over design as well. You spec it, they figure out how to build it at scale. All that IP they own not you.

Re: How Chinese Officials Hijacked My Company

#180

Post by wil421 »

beaunative wrote: post #145

This happen to be a well-reported news on the Chinese internet where I was able to find more details. And the author's own claims are dubious and sketchy. It was never a three way deal, he may have deals with a Chinese company that owns share. That maybe why he said it's a threeway deal, but it's two two-way deals. He never made any deal with Chinese officials, but another Chinese business owner who made the deal wit…

Looks of claims but no sources. They would be a very interesting read.
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