Posted on 05/31/2018 2:56:51 AM PDT by Zhang Fei
An Alibaba co-founder alleged on Wednesday that many Americans want to stop China from upgrading its technology and from becoming more innovative.
Joe Tsai, who co-founded the tech juggernaut and is an executive vice president there, made that claim at a conference in California in response to a U.S. senator saying earlier at the event that Chinese tech firms may serve as agents of Beijing.
American officials allege that Chinese companies have thrived on innovations stolen from U.S. firms. And, on Tuesday, officials said they may yet impose tariffs on $50 billion of imports from China unless Beijing addressed the theft of American intellectual property.
In response, China said it was both surprised and saw the move as contrary to an agreement reached by both sides recently — and that it was ready to fight to protect its own interests.
The U.S. has also said that China often forced American companies looking to enter the Chinese market to transfer their technology to local state-owned or state-directed firms. Beijing has rejected those claims and said its regulatory measures do not require transfers from foreign companies.
In fact, Chinese media outlets have repeatedly asserted that American complaints about the tech sector are really just efforts to slow the country's rise as a global power.
"There's nothing wrong with a country wanting to upgrade its own manufacturing sector, go higher tech, be more innovative," Tsai said. "But then, from the Chinese perspective, what we're seeing is there are a lot of people in America that want to stop China from doing that."
After three decades of producing low-end manufacturing goods, Tsai said, China recognizes the need to develop better technology, upgrade its manufacturing sector and focus more on value-added areas like robotics, aeronautics and high-tech medical equipment.
(Excerpt) Read more at cnbc.com ...
But they expect us to be A-OK with providing our trade secrets to them in exchange for market access when we're running a trade deficit with China in the hundreds of billions of dollars? Maybe they should be providing their trade secrets to us in exchange for market access.
Maybe we should make a condition of continued trade with Canada the denaturalization of this Canadian in name only. Heck, maybe we can coordinate twin denaturalizations with Taiwan, so he can spend the rest of his days in the country he loves most - China. Forget ZTE - how about instituting a ban on American dealings with Ali Baba?
Because California would ignore it?
A lot of us would be happy if the Chinese stopped blatantly stealing intellectual property, like they did to my company.
Blame America first.
> “There’s nothing wrong with a country wanting to upgrade its own manufacturing sector, go higher tech, be more innovative,” Tsai said. “But then, from the Chinese perspective, what we’re seeing is there are a lot of people in America that want to stop China from doing that.”
Poor victims those PRC Chinese. Woe is them.
Yes, Americans wake up every day with a priority to STOP those poor victim PRC Chinese. Americans wake up and think they mustn’t get their kids ready for school, mustn’t prepare themselves for work, mustn’t focus on their jobs, mustn’t come home and make dinner, mustn’t clean themselves and prepare for the next day.
No, Americans don’t want to do those things. They want to stand around every day and think how they can stop the PRC Chinese from upgrading their lives and escaping the reality that is their 90% sh*thole country.
The fault of the poor victim PRC Chinese is all on the Americans. I get it.
[Yes, Americans wake up every day with a priority to STOP those poor victim PRC Chinese. Americans wake up and think they mustn’t get their kids ready for school, mustn’t prepare themselves for work, mustn’t focus on their jobs, mustn’t come home and make dinner, mustn’t clean themselves and prepare for the next day.]
Why does China insist that they need American goods to upgrade their tech? Perhaps they should try INVENTION instead of theft for a change.
[Why does China insist that they need American goods to upgrade their tech? Perhaps they should try INVENTION instead of theft for a change.]
Chinese businessmen who succeed in ANY industry learn Beijing has other ideas.
CASE IN POINT: A Chinese businessman bought NY's Waldorf Astoria for $2 billion dollars. He closed it for 2-3 years for renovations.
Then Beijing came calling----wanting to know where he got the money to buy the famed hotel.
END OF STORY: China seizes control of Waldorf Astoria owner. Chinese govt authorities have taken control of the privately owned Anbang Insurance, the Chinese holding company that paid $1.95 billion for the Waldorf Astoria hotel in Manhattan, and have charged its chairman with alleged economic crimes. Feb 24, 2018
========================================
NOTE: Chinese businessmen are buying up many American hotel chains----Radisson Hotels were just sucked up by the Chinese hunger for global dominance.
Tsai as a mouthpiece Beijing comes as a surprise. Early on he said he kept Beijing at arm's length. They kept pestering him as he built the tech behemoth.
Looks like an "if you cant beat 'em, join 'em" strategy.
I would love to prevent China from upgrading anything.
China is an enemy and they steal too much of our tech as it is.
>>American officials allege that Chinese companies have thrived on innovations stolen from U.S. firms.
The Chi-Coms paid Clinton-Gore good money for tech, they didn’t steal it...
I know English isn’t your first language dude, but “upgrade” and “steal” are two different things.
Benjamin Wey was on Hannity’s radio show this weekend. He asserted exactly what Ma denies - IP transfer in one form or another in order to gain access to the Chinese market, and that many local VP slots are filled by agents of the Chinese government or their relatives.
I don’t understand why we would ever want to embrace a communist market. They’re competing with fixed labor rates and rules/laws that would never pass muster (much less succeed) in a free market economy.
Sorry, I meant Tsai, not Jack Ma.
Puh-leeze. If it weren’t for copying U.S. tech, the Chinese would still be using the abacus.
I’d like to put them back into the 1960s, when they were eating each other.
Wait - does that make me a bad person?
-—how about instituting a ban on American dealings with Ali Baba?-—
Americans do not really deal with Alibaba. Americans deal with companies that use Alibaba’s platform to advertise and facilitate sales of their products.
An interesting fact is that while America is buzing about fast food places establishing kiosks for placing orders, China is already way past that. The kisosks are already technologically obsolete.
In china, buyers use their phone that has a bank ap that has a Mc donalds ap. The purchaser calls up his bank ap that has a mcdonalds button that produces the menu. The items aare selected, the order is entered and then payed.
We in America lag in this technology that is reported to be ubiquitous in china
Don’t lay that guilt trip on me.
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