— If gentlemen lose, they change the rules of the game.
This is basically your average read-between-the-lines translation, given the recent context of Nexperia, Huawei, Tiktok, Chinese car import tariffs, what have you:
If we were the ones who invented processors, iPhones, and all the rest — then you, oh the slant-eyed ones, are expected to fork over the cash.
We, the mighty Anglo-Saxons, labored and sowed, and we deserve our reward. As for you, the slovenly types — you may keep 10% of the price for assembly, another 20% for components, and the rest goes straight to the casino’s profits.
But if you come up with your own processors, stop buying ours, and even start making your own batteries, software, or cars — then you’re expected to hand over all the technology behind them. We’ll decide for ourselves what to make, in what quantities, and whether we’ll even pay you anything at all. Meanwhile, if you dare bring your goods to our markets — well then, you’ll pay us with your inventions.
That is why I mentioned tiktok or huawei: let’s call it the usual pax americana.
As for the mirror angle, well, I am not saying it is wrong. Just amused by the hypocrisy of how easily notions of free market and what have you are thrown out of the window at the first whiff of burning.
Free markets have been one for the most successful and positively transforming thing that has ever happened.
There is no absolute and regulations are needed, and functioning markets not always exist, but overall the free market is a massive success. Just in the 20th century you can compare how countries that rejected free markets and market economy in general fared compared to those based on a market economy...
I’ve always wondered how a company that fully controls its tech and can leave a country at anytime can be “forced” to transfer its core tech. From what I’ve seen, what gets transferred is usually older, commoditized or even out dated tech because it’s profitable to license.
Yes, copying happens. But I would call it as a common pattern in developing markets: entrepreneurs imitate to get a foothold, then iterate. It’s messy, but it’s also how a lot of industries bootstrap.
The world is going full steam-on to WWIII :-(
— If gentlemen lose, they change the rules of the game.
This is basically your average read-between-the-lines translation, given the recent context of Nexperia, Huawei, Tiktok, Chinese car import tariffs, what have you:
If we were the ones who invented processors, iPhones, and all the rest — then you, oh the slant-eyed ones, are expected to fork over the cash.
We, the mighty Anglo-Saxons, labored and sowed, and we deserve our reward. As for you, the slovenly types — you may keep 10% of the price for assembly, another 20% for components, and the rest goes straight to the casino’s profits.
But if you come up with your own processors, stop buying ours, and even start making your own batteries, software, or cars — then you’re expected to hand over all the technology behind them. We’ll decide for ourselves what to make, in what quantities, and whether we’ll even pay you anything at all. Meanwhile, if you dare bring your goods to our markets — well then, you’ll pay us with your inventions.
The EU is not Anglo-Saxon.
This is just a mirror of what has long been Chinese policy - and how they grew to the power they are in the first place.
That is why I mentioned tiktok or huawei: let’s call it the usual pax americana.
As for the mirror angle, well, I am not saying it is wrong. Just amused by the hypocrisy of how easily notions of free market and what have you are thrown out of the window at the first whiff of burning.
I think notions of free markets have been a grand failed experiment and I'm glad we're finally starting to move on.
Free markets have been one for the most successful and positively transforming thing that has ever happened.
There is no absolute and regulations are needed, and functioning markets not always exist, but overall the free market is a massive success. Just in the 20th century you can compare how countries that rejected free markets and market economy in general fared compared to those based on a market economy...
Compare the trajectory of China to the trajectory of the US in the 21st century.
China failed, like others, when it rejected the market economy. It started to boom after it made reforms to embrace it.
The free market is thriving in China.
The US have done very well economically in the 21th century, too.
You're talking to a russian dog who barks as kremlin orders
full circle right? 20yrs ago it was china forcing foreign firms to transfer tech to local jv partners...
Any concrete examples?
I’ve always wondered how a company that fully controls its tech and can leave a country at anytime can be “forced” to transfer its core tech. From what I’ve seen, what gets transferred is usually older, commoditized or even out dated tech because it’s profitable to license.
Yes, copying happens. But I would call it as a common pattern in developing markets: entrepreneurs imitate to get a foothold, then iterate. It’s messy, but it’s also how a lot of industries bootstrap.
Europe's decline becomes glaringly obvious if they start to admit that they need to catch on to more developed countries...