Posted on 09/26/2018 9:32:06 AM PDT by Theoria
Beijing leans on an array of levers to extract intellectual property—sometimes coercively
DuPont Co. suspected its onetime partner in China was getting hold of its prized chemical technology, and spent more than a year fighting in arbitration trying to make it stop.
Then, 20 investigators from China’s antitrust authority showed up.
For four days this past December, they fanned out through DuPont’s Shanghai offices, demanding passwords to the company’s world-wide research network, say people briefed on the raid. Investigators printed documents, seized computers and intimidated employees, accompanying some to the bathroom.
Beijing leans on an array of levers to pry technology from American companies—sometimes coercively so, say businesses and the U.S. government.
Interviews with dozens of corporate and government officials on both sides of the Pacific, and a review of regulatory and other documents, reveal how systemic and methodical Beijing’s extraction of technology has become—and how unfair Chinese officials consider the complaints.
China’s tactics, these interviews and documents show, include pressuring U.S. partners in joint ventures to relinquish technology, using local courts to invalidate American firms’ patents and licensing arrangements, dispatching antitrust and other investigators, and filling regulatory panels with experts who may pass trade secrets to Chinese competitors.
(Excerpt) Read more at wsj.com ...
Why would you ever allow people in China to have passwords to your worldwide research network?
By getting their spies to work as chauffer for diane feinstien, by sending people to work in high tech as “contractors,” and by stealing technology every way they can.
I wouldn’t even do business with or buy from the ChiComs where possible.
1980's communism bad.
2000's communism good for business.
I’ll say it again, their economy is based on intellectual fraud as well as old-school fraud.
If you’re a new technology business of any size in the United States, among the first non-spam, somewhat personalized unsolicited correspondence you’ll find in your mailbox will be some barely comprehensible arrangement of English words under a letterhead from an unknown Chinese company ostensibly doing business in the United States. It’s not clear what they’re saying, but it’s clear what they want — a deal to “share” your wonderful technology with them.
Any company doing business in China should be barred from any and all defense contract or supply work.
Tech transfers to China are mandatory in the current trade setup and have been since Clinton was POTUS.
Any defense contractor that does business in China has already given away the same tech provided to the US to China.
All those electronic geewhizzeries? All compromised.
How much did DiFi contribute to this transfer of technology through her Chinese driver over the years?
Is anyone even interested in getting this question answered?
Does anyone dare to raise this question publicly or has the case conveniently been forgotten by the RATS?
How much did DiFi contribute to this transfer of technology through her Chinese driver over the years?
Is anyone even interested in getting this question answered?
Does anyone dare to raise this question publicly or has the case conveniently been forgotten by the RATS?
China’s trying to swing the election toward democrats too... guess crooked totalitarians are attracted to each other. Shocked...
“Why”
Because if you don’t, they shoot you. The office from which they gained access is in Shanghai.
Lesson learned: don’t open offices in communist jurisdictions.
For over two decades, I have told people that it is insane for American companies to have opreations in China. American corporations are run by idiots incapable of thinking more than 5 years in the future, if they can think past the next quarter. They’ve been installed by our stock trading firms, who only think quarterly
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