Hilarious that China, renowned for its near-schizophrenic economic controls, is asking the US to lighten up on its own policies that, frankly, don’t go far enough to balance things out between the two.
These “near-schizophrenic” economic controls are the reason China has had continuous growth for decades, meanwhile western economies have had three major crashes in the past three decades along. 😂
You know you’re making an argument for the US (and others) to impose even tougher controls and sanctions on China, right?
Best of luck with that.
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:
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.
It’s absolutely adorable that you think only Chinese companies do this, like corporate espionage doesn’t exist in the west. 😂
Ah, making up new points that weren’t asserted because you lost the argument. Classic yogi.
Corporate espionage occurs everywhere, It’s just blatant with Chinese spies, case in point being that fellow who lifted up a robot and walked out of the T-Mobile laboratories with it.
You said that China doesn’t commit corporate espionage and theft constantly so I listed half a dozen recent cases with actual evidence and convictions that show they do.
I didn’t lose any argument. All companies steal tech from each other everywhere all the time. The claim you were trying to make is that China somehow steals from the west at state level as a policy. Today, China is way ahead of the west in many areas technologically, I guess using your galaxy brain logic they must be stealing it from the future.
The best part here is that you genuinely think you made a good and coherent point. 😂
yog since the moron liberal is on an instance that has lemmygrad blocked I can’t send them this, can you give them these three articles: https://archive.is/gYjT9 https://archive.is/Y5ZBL https://archive.is/H7VRA
You lied. I did not claim that China is stealing from the west at state level as a policy.
Today China is not technologically ahead of “the west.” This is very easy to see if you look at the above links, showing the times that China has blatantly stolen basic design and tech that they shouldn’t need if they were ahead of even just the US. Since China is behind the US technologically, they are constantly stealing designs and technology from the US.
Now we’ll just ignore all the things that you are making up and focus on what actually happened.
You incorrectly claim that Chinese companies and spies do not constantly commit corporate espionage and steel technology and designs from the west.
Above, there are half a dozen clear cut recent examples of China stealing designs and technology from the west.
meanwhile in the real world 😂
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.
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?
as if they are in a role to make demands now lmao
Imagine thinking that China is not in a position to make demands. 😂
Imagine China can takeover the world. Yeah one can dream. We have a Putin already. 🤣 🤣
China is already the main trading partner for most countries in the world, and a bigger economy than US in terms of PPP. The only one who seems to be inhabiting the dream realm here is you.
As if our dear Uncle Sam does not trade 😭😭 Oh yeah by PPP Indian economy is larger than that of Japan and Germany combined too. Hurray India is an advanced economy now. Give the per capita figure a look and wake up.
You keep on laughing while you can there. Soon even the most propagandized elements of society are going to be forced to engage with reality. Then the rest of us will laugh. 😂
I guess you missed the news story about China defaulting on $1 trillion in US debt?
@ruck_feddit @yogthos doest the U.S. owe china almost a trillion as well?
Thanks for linking a concrete example of China not giving a fuck about what US thinks. What’s US gonna do about it, whinge and cry like the article you linked is doing? 😂😂😂
This bit in particular sums up why US is in a panic right now
“Finding buyers for US debt is the top mission of Yellen. From a medium-and-long-term perspective, China is disposing of US debt,” it says. “Who else will buy it? Japan is the biggest creditor of the US but cannot buy more. The United Kingdom is facing an economic recession and sold $30 billion of US debt in April.”
China holds <$1T of US debt. Sure, they’re the second largest foreign holder of US public debt, but we could easily replace that debt if needed. The Treasury itself bought much more than that after the 2008 crisis, and we could do it again. Private citizens hold way more than China does through mutual funds and whatnot, and investors would buy more if rates go up.
The real problem is that interest rates for public debt is going up, so we’ll end up paying a lot later share of our budget toward interest if we don’t reduce our debt load. Those older, cheap Treasuries will be maturing over the next decades, so the time to act is now. I’m in favor of raising taxes somewhat and cutting spending across the board (I think a lot of it is waste that could be caught in audits). But China doesn’t factor in at all when it comes to debt concerns.
Thing is that as US will be issuing more bonds there’s going to be little market for them. Back when 2008 crash happened, the only reason US pulled through was cause China stepped in to buy enough bonds to stabilize US market. Fat chance of that happening this time around.
Meanwhile, demand for dollar globally is dropping meaning that dollar based economy is starting to shrink. And major US allies are starting to have significant economic problems of their own, which means they’re not able to bail US out.
China doesn’t have the luxury of letting the US economy tank. If that were to happen there’s not enough demand around to keep enough of their factories working to avoid their economy from tanking as well.
About 16% of China’s exports in 2022 were to the USA. It would certainly be a significant hit, but to suggest there would no longer be adequate demand is unlikely to be true.
For example, Russian oil exports lost a lot of their direct importers, yet demand has not dropped significantly or in a way that is harmful for them. The volume of their exports has remained relatively constant, but the fraction of the total that different importing countries represent has changed. Even the price dip recovered.
