quote:
I remember that when we first dealt with the Chinese,” he said, “We essentially had a significant number of places where we could build plants provided we made the technology available to the Chinese partner who was made part of us as a condition of coming in. And then what would happen is they'd build the plant. And then they'd build another plant, which they had a hundred percent ownership, and the issue of intellectual property is really an issue. The rest of it is not.”

See my post on American companies in China on the prior page.

Do you remember me stating that Huawei was a dangerous company largely controlled by the Chinese military? Perhaps you will also remember your wholehearted support of Huawei (complete with links to support your stance). I remember.

quote:
Greenspan, in regards to the military buildup and Huawei technology, warned that it could ultimately end with a nuclear conflict.

And lastly, this affirms my stance from the get go concerning China...

quote:
President Trump has blasted China for unfair trade practices, including intellectual property theft. Greenspan said this is where “he happens to be correct.”

I have stated that there will be pain but that China will be much more heavily damaged. Sometimes you have to stand up to a bully. If you take some lumps in the process, so be it.

quote:
So the winner is the one who loses the least.”

Merica!

This post was edited on 5/19/19 at 9:08 am

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Posted by I B Freeman

Member since Oct 2009

27843 posts

Posted on 5/19/19 at 4:48 pm to jimmy the leg

quote:
Perhaps you will also remember your wholehearted support of Huawei (complete with links to support your stance). I remember.

No. I do not remember my wholehearted support of Huawei.

I remember me pointing out the literal hundreds of US patents that Huawei has. I remember me pointing out they are ahead of their competitors in a lot of 5G technology.

I do not remember me supporting them. If Americans want to do business with them I support their right to do that. If they are an "enemy" I support them being prosecuted and banned from the US. Is Trump proposing to do that?

quote:
, including intellectual property theft

I have NEVER EVER said this was not happening and like Greenspan I understand where ALL the legal theft of IP occurs. That is China.

HOW many times have I told you this trade war is about changing IP laws (and finance requirements) in China so US multinationals can do business in China without giving up ownership and IP??

We have plenty of IP protection laws in the US and have plenty of resources to prosecute IP theft in the US. You can google IP theft in the US and find several cases where we are protecting IP theft here.

IP protection simply doesn't exist in China the way it does here. Same for a lot of countries. Simply because you have filed a patent here or a trademark here there is no reason to expect that patent or that trademark is protected in China.

IF YOU WANT TO PROTECT YOUR IP DO NOT DO BUSINESS IN CHINA. You have no recourse there.

I do not support punishing all Americans with tariffs so that US companies can have the same IP protection in China they have in the US.

Greenspan is acknowledging the IP problems in China and I have been since the beginning.

BUT you are the idiot that says there is no business for US companies to do in China AND you still support the punishment of US citizens with tariffs.

China has moved to strengthening their IP laws and companies like Huawei will benefit and will realize more profit because of it. That is not something I want to fight a trade war over. You shouldn't either.

Now not only do you support a punishing trade war, you must also want to either back off our Iranian sanctions or escalate our war with China so that multinationals can sell into China.

Why do you want to go to such extremes to support the multinationals wishing to invest in China?

This post was edited on 5/19/19 at 4:52 pm

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