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China raises five demands during Yellen’s visit
(asiatimes.com)
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China has been stealing technology and design for decades and got sanctioned. That's what happens.
Demand all you want, but nobody's going to trust you enough to deal as long as you keep advocating for corporate espionage against "trade partners."
Conducting a cultural genocide isn't helping, of course, but really even just the theft of data and technology is enough.
Nah, China hasn't been stealing anything. Western companies made an explicit choice to do business in China at the cost of tech transfer. Today, China has long outpaced the west in many technological areas. Meanwhile, imagine still peddling cultural genocide conspiracy theories. If you want to see what actual cultural genocide looks like then go to US or Canada and see what settlers did to the indigenous population.
Here's when they stole military hardware specs:
https://www.cbsnews.com/news/chinese-hackers-took-trillions-in-intellectual-property-from-about-30-multinational-companies/
Here's when they stole turbine designs:
https://www.bbc.com/news/world-asia-china-64206950
Here's where s Chinese worker literally stole a troubleshooting robot from T-Mobile, Chinese companies stole electric vehicle designs, it just goes on and on:
https://www.chicagotribune.com/business/ct-biz-us-china-trade-war-ip-theft-20190221-story.html
Chinese companies steal constantly. Companies who work with them know that there will be technology transfer, not that there will be blatant, illegal theft Chinese individuals and companies regularly perpetrate.
Stealing tech is a good thing for everyone. What's the point of every country having to reinventing the wheel? Patents on tech and medicines are a crime against humanity.
Why would anyone work towards investing any new things if they couldn't make money from them. The country who didn't invent it buys it from the country who does. That's how the economy works.
Indeed, I'm completely against intellectual property as it holds back humanity as a whole for the benefit of enriching a small minority and creating inequality.
Why would anyone bother to work on anything if they couldn't exploit their invention or creation for money? Where would the money come from for R&D to fund the creation of further stuff if the last stuff was never able to break even?
That's not an answer is it?
It is, if you can't imagine how innovation happens outside of capitalism then educate yourself. Google exists, go read up on how socialist countries develop and innovate. For example, you can read up on how Cuba is one of the few countries in the world that managed to develop covid vaccines.
How many if those countries are in the top economies? The G7? The G20 even? If their systems are so good why are they not dominating the world financially?
That's a fallacious argument. US led empire has dominated the world up to now because US wasn't directly involved in WW2. While the rest of the world burned, US profiteered from the war and the reconstruction after. That's why the world looks the way it does today.