How China Systematically Pries Technology From U.S. Companies

  • 📰 WSJ
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

“If someone gets knifed in a dark alley, you don’t know who did it until the next morning.” Trade secrets are a flashpoint in US/China trade dispute

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Technological inverse...

But it’s Trumps fault isn’t it

SilenceDogood57 In other word POTUS TRUMP aid Right and right again and again

roblagnac If we are honest we knew it all the time and continued „doing business“ with China nevertheless. Greedy as we are, we want to keep „selling“. Its our business „ethics“.

Time the world wake up to the reality China is a sore spot on the world econony

Go to China because it is cheap there and then complain when you are ripped off IP included? Cheap is very expensive Jasiri_TEA

Yes, it’s what they do! I started a company in 1991 and entered into China market; had to have a JV partner; 51:49. We provided all the equipment, product and expertise. After 1 year, they kicked us out, stole everything, ran the biz as their own. We never went back; too corrupt.

Usual commie trick. 1st they lured u with a bait i.e their "huge" mkt & then forced u into a joint venture to do biz in Commieland. After they stole fr. u, they became yr competitor & drove u out. That's what happened for 20 years of stupid tech transfer to the China Commie Party

China, that DEVIL, the real robber and thief in the world, they want to control common people like what they do in it's country, monitor what pwople do and what they say, punish the people they don't like as they have done. defeat China.

Chinese as Japanese first copying very much and doesn't invent anything

Important to understand the new US tariffs in this context. China has been doing this kind of thing for years. That is not free trade. We want no tariffs and no extortion or theft of IP between & among mature economies like China.

Too late. Our profit smart and strategy stupid corps jumped over themselves to build factories in China now they cry for help. Good morning Lucy

There isn't any doubt that Chinese companies, at the behest of the government, have been trying to steal or copy intellectual property. How do we explain China's rapid advancement in four decades otherwise? Our companies have to insert into their contracts provisions to stop it.

China is notorious for stealing intellectual property/ technology. Never to be trusted. But so many American companies have made themselves totally dependent on their products. The cost of cheap labor & greed.

American business wants that cheap labor,that's the cost you pay for dealing with commies ,keep those jobs in America

We benefit from cheap Chinese labor (why create jobs in America?), in return they benefit from our technology. Seems like a fair trade to me, as long as the workers in both countries get screwed so the rich can get richer it's all good.

Just wait and see ....after TEN YEARS this plane will be available at US 10,000 $ per piece..... realDonaldTrump

Also, the maniac in the white house

Chinese style of burglary; First they invest for imports ....make good gestures in finance news then they start to stealing high tech secrets

We need to leave China. Period!!

This is the beginning of escalating tensions between two of the worlds biggest economies. This will get worse going forward.

THIS is news? Maybe 20 years ago.

How about not having the mane ingredients in that country so they can’t get the information

Thanks to Boeing moving to build in China. By 2025, the silly CEO who made this stupid decision will be gone but the damage from reverse engineering our manufacturing process of high tech planes will be completed. By then, Boeing will be made bankrupted with cheap knock offs.

We’re not the only country they’re targeting they are doing the same thing to Australia ,New Zealand ,Canada probably the rest of the democracy’s

What they can’t do with computers they’ll do with Fentanyl & Mexican cartel methamphetamine Of course that’s made with CCP controlled corporations chemical shipped in

1. How will the new Tesla factory in Shanghai affect this access to U.S. intellectual property? 2. If Amazon and Microsoft lose their hold on cloud technology because of continual attacks by U.S Congressmen, will China's 3 big tech giants be in play to take monopoly over it?

Americans did it with Europe too. This is normal.

ian_c_leonard sounds like we need more security architects

What did obozo do about it? Nada

It is almost as if companies continue doing business in China for short-term financial gains over their long-term strategic viability.

One word.. corporate greed Vs American interests.

Everybody does it. It only becomes relevant when the offending side is about to take over the lead.

Do you expect the perpetrator to keep standing in the alley till the next morning?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines