US Trade Rep Lighthizer Views Talks With US, China 'A Process,'
Doesn't Think 1 Initiative Will Fix All Issues With China
Lighthizer Says 'Not Foolish Enough' To Think That One
Negotiation Will Solve All Trade Problems With China; Says
Negotiations With China Are A Process
All those tariffs and trade war rhetoric that doesn't end
up with some IP enforcement and forced Tech Transfer is meaningless
IMHO ... if they only cut a deal like the USMCA (aka NAFTA V2) that
basically doesn't change much ... and they solely focused on
trade imbalance and currency is just kicking the can down the road
... a short road ... the real issue is IP and Tech
Transfer ... everything else is secondary in the grand scheme
of things .... and a dictatorship doesn't need to play the 4
year election cycle like the west does for political gains
.... they can play the long game and wait it out ...
they just need to slush the system with enough cash to avoid
social unrest
my wife is Chinese as many of you may know. I think China
really took a step back with president Xi. They always had
censorship there but the country was opening up more and more with
the previous president, but after he was elected was a complete
reversal to that. anyway I could go on and on, about my
observations from corruption to fake food, shotty building i.e.
buildings that are 3 years old that look like they are 40 years old
etc but not enough time to do that intra day in a post when the
market is focus.
and regarding IP theft, the problem has not been just straight
up theft, but the condition where if a US or other company wanted
to do business and sell their product in China they had to give up
their I.P. Intellectual Property. Company's still did it because
they wanted access to the Chinese market but to me that never
seemed worth it. Anyway we'll see what happens with all that.
Yes obviously China playing the long game chess planning many
moves ahead vs us who can't plan one move. anyway enough soap
box
US Trade Rep Lighthizer Views
Posted by steve on 27th of Feb 2019 at 10:24 am
US Trade Rep Lighthizer Views Talks With US, China 'A Process,' Doesn't Think 1 Initiative Will Fix All Issues With China
Lighthizer Says 'Not Foolish Enough' To Think That One Negotiation Will Solve All Trade Problems With China; Says Negotiations With China Are A Process
the biggest thing China doesn't
Posted by matt on 27th of Feb 2019 at 10:26 am
the biggest thing China doesn't want to give up is the IP sharing i.e. theft LOL, that's been a a huge part of their growth strategy for 20 years
All those tariffs and trade
Posted by mla127 on 27th of Feb 2019 at 10:37 am
All those tariffs and trade war rhetoric that doesn't end up with some IP enforcement and forced Tech Transfer is meaningless IMHO ... if they only cut a deal like the USMCA (aka NAFTA V2) that basically doesn't change much ... and they solely focused on trade imbalance and currency is just kicking the can down the road ... a short road ... the real issue is IP and Tech Transfer ... everything else is secondary in the grand scheme of things .... and a dictatorship doesn't need to play the 4 year election cycle like the west does for political gains .... they can play the long game and wait it out ... they just need to slush the system with enough cash to avoid social unrest
my wife is Chinese as
Posted by matt on 27th of Feb 2019 at 10:53 am
my wife is Chinese as many of you may know. I think China really took a step back with president Xi. They always had censorship there but the country was opening up more and more with the previous president, but after he was elected was a complete reversal to that. anyway I could go on and on, about my observations from corruption to fake food, shotty building i.e. buildings that are 3 years old that look like they are 40 years old etc but not enough time to do that intra day in a post when the market is focus.
and regarding IP theft, the problem has not been just straight up theft, but the condition where if a US or other company wanted to do business and sell their product in China they had to give up their I.P. Intellectual Property. Company's still did it because they wanted access to the Chinese market but to me that never seemed worth it. Anyway we'll see what happens with all that. Yes obviously China playing the long game chess planning many moves ahead vs us who can't plan one move. anyway enough soap box
I so agree.
Posted by hirahara on 27th of Feb 2019 at 12:09 pm
I so agree.