I don’t see these sanctions being an efficient method of curbing their capabilities when they’re that good at corporate espionage and they have a significant amount of production capacity compared to the rest of the world. It’s just a matter of time before they catch up.
A true free market doesn’t require joint ventures either. There is no true free market worldwide and really, never has been. it’s a concept, not a reality.
It’s fine to be against IP rights but they serve a purpose. If China don’t wish to honour them, they could leave the wto. They won’t though.
The sanctions aren’t supposed to cripple China indefinitely. They’re just supposed to give the US enough time to build fabs for military chips before China invades Taiwan.
And yes, I am aware that may not happen within our lifetimes. I did not write the sanctions.
I don’t see these sanctions being an efficient method of curbing their capabilities when they’re that good at corporate espionage and they have a significant amount of production capacity compared to the rest of the world. It’s just a matter of time before they catch up.
China: Does a free market capitalism
Western nations: No, not like that!
Capitalism has never been about playing fair.
It’s always built around what makes rich people richer the fastest.
Corporate espionage and requiring western comoanies to partner with local companies or government is not free market capitalism, but it worked.
A true free market doesn’t have IP rights. Corporate espionage absolutely is end game free market.
A true free market doesn’t require joint ventures either. There is no true free market worldwide and really, never has been. it’s a concept, not a reality.
It’s fine to be against IP rights but they serve a purpose. If China don’t wish to honour them, they could leave the wto. They won’t though.
Hiring critical staff for more money? Leveraging regulatory capture to acquire trade secrets?
It’s exactly free market capitalism. It’s how the late stage free market will always play out.
The sanctions aren’t supposed to cripple China indefinitely. They’re just supposed to give the US enough time to build fabs for military chips before China invades Taiwan.
And yes, I am aware that may not happen within our lifetimes. I did not write the sanctions.
Time is quite a valuable resource