1. "The negative impact of Chinese firms on European tech is probably a result of massive internal investment by Beijing that creates national champions with the scale to beat the global competition”. It may also be the result of having 300,000 people with IQs above 160, when Europe has 10,000. Or the result of China spending 2.5% of its $26 trillion GDP annually, four times more than rich Europe. Or both.
2. "the Chinese government has certainly not cracked down on when the Americans or the Europeans have pointed towards these IP thefts as a major problem for their industries. the US government suggests that somewhere between USD 300 billion to USD 600 billion per year is lost from intellectual property theft”. If Americans or the Europeans are losing so much money, they can resort to the The WTO's Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS). But they didn't. Or they could have sued China in open court and collected billions. But they didn't do that, either. What they did was lie about Chinese IP theft, arrest a bunch of Chinese whom the courts later freed, and cut back on R&D every year.
Fascinating conversation. Thank you. Two niggles:
1. "The negative impact of Chinese firms on European tech is probably a result of massive internal investment by Beijing that creates national champions with the scale to beat the global competition”. It may also be the result of having 300,000 people with IQs above 160, when Europe has 10,000. Or the result of China spending 2.5% of its $26 trillion GDP annually, four times more than rich Europe. Or both.
2. "the Chinese government has certainly not cracked down on when the Americans or the Europeans have pointed towards these IP thefts as a major problem for their industries. the US government suggests that somewhere between USD 300 billion to USD 600 billion per year is lost from intellectual property theft”. If Americans or the Europeans are losing so much money, they can resort to the The WTO's Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS). But they didn't. Or they could have sued China in open court and collected billions. But they didn't do that, either. What they did was lie about Chinese IP theft, arrest a bunch of Chinese whom the courts later freed, and cut back on R&D every year.