Intellectual property owners have zero protection against theft of their IP by Chinese companies, zero. The only way to operate in that country is to "partner" with a local company and presto-chango, what was yours is now theirs. Too bad sucker.
There's some stuff in here that makes me question your experience on this topic. For instance, why ship tooling to China? It's always cheaper to make it there.
Of course they're going to swap out materials for cheaper alternatives that are available locally. Part of the process of ramping up for mass production is working to change the design to accommodate the parts the factory can source locally.
I would say most of the blame lies with the entrepreneur in your hypothetical. They want to toss a design over to China that never went through DFM and expect the Chinese to both handle all the manufacturing changes and sourcing. Of course they will have a plan B to recoup their costs. Your foolish entrepreneur didn't even buy the tooling outright! Greedy and dumb.
There are ways to leverage some of the cost savings from China without giving them the whole project. Having them produce tooling or piece parts for domestic assembly is always an option.
The issue is that everywhere else just sucks to invest in. The US remains the top location for foreign investment with high prospects for that as recent as April.
Do you have a source us investment vs other countries?
As far as I can see, US inward is always less than US outward and China inward is always more than outward. This to me means that people are happier to put money into China than take it out.
The point of course is that investments as in FDI are buying shares not necessarily production.
If you want to make people angry, [about the US] tell them a lie. If you want to make people furious, tell them the truth.
Wait, you are talking like a deficit of investment position here? Because you can look at the FDI of the US and compare it to anyone else in 2023, it leads the world comfortably.
While your Chinese comparison is really not saying that. It says that China gives its investors a harder time to move money out of their country than to get foreigners putting money in. Honestly the relationship between money moving ODI/FDI is not particularly relevant to whether or not people want to invest money in a country.
For instance, Chinese investors may be blocked or just not have the capital to invest their money outside of their country, while their country might be so capital starved that it eats all available investment capital they produce. While the US could be so capital-rich that its investors have extra capital to push outward. The sheer volumes here show China is dwarfed by the US in both inbound and outbound investment.
Like most Americans, you do not understand the difference between investing and borrowing.
Nobody outside the US is putting money into the US. Volkswagen, Hyundai et al are saying if you want me to bring our patents and skills and build a factory in the US you must provide the capital.
The only reason that other countries are "coming to the table" is because King trump the First is threatening to kill off their manufacturing and trade causing millions to lose their jobs and income and homes. They (like China did) need time to diversify their customers and not rely on the US consumer.
I forget who said it but : "I am not angry because you lied to me [like about tariffs], I am angry because I can never trust you again."
First, your assertions are patently and obviously wrong, and the evidence of which is within your very assertion, because if *no money was looking for safe haven in the USA, then why are they coming to the table*?!
Second, fuck you, you prissy arrogant fuck. I look forward to your EU economy cratering, and you and yours suffering a long and painful depression, which will be capped off by Americans visiting to purchase and return with countless treasures of art and culture as trophies... Because you couldn't figure out Communism never works and needed cash to keep from starving to death.
It couldn't happen to a nicer bunch. Enjoy your future fighting North Africans over scraps of bread. If you're lucky we'll invade your continent for a third time to liberate you from your horrible decisions, and this time we'll make sure you pay your debt in full.
Oooooh you saying mean things about me! ooooh I am so hurt.
What part of :
"The only reason that other countries are "coming to the table" is because King trump the First is threatening to kill off their manufacturing and trade causing millions to lose their jobs and income and homes. "
did you not understand? Are the words too big? Do you need little pictures to show what is happening?
Just like in 1929 through to 1935, the depression will start in the US, be much, much worse in the US and will end when Asia-BRICS recover by eliminating the US from world trade.
It is amazing that you predict exactly what happened in Weimar Germany with the looting of art and culture by people who could produce neither.
The only war that the US has won in 200 years has been against Grenada, and that was because all three (count em, 3) cops went fishing that afternoon. In every other conflict, the US waited until the war was decided
(1917, 1944, 2025) and only then did they jump on the band-wagon, and claim that everyone owed them money. Against actual fighters, Chinese, Korean, Vietnamese, Afghanis, Syrians et al. they lost.
The only reason that you have a country is because the English were too busy fighting the French to come and spank the silly colonists.
Trump's baseline tariff is too low. It should be 30% or more. Anything less is subsidized outsourcing, taxing American manufacturing more than we tax foreign imports.
For China, the baseline should be much higher for the reasons you state in your article.
Subsidized outsourcing has killed Yankee Ingenuity.
Intellectual property owners have zero protection against theft of their IP by Chinese companies, zero. The only way to operate in that country is to "partner" with a local company and presto-chango, what was yours is now theirs. Too bad sucker.
Here is a transcript about one of the "old friends" that China has in the US.
https://media.washtimes.com/media/misc/2020/12/06/Di_Dongsheng_trasncript.pdf
Di Dongsheng mentions her big nose.
There's some stuff in here that makes me question your experience on this topic. For instance, why ship tooling to China? It's always cheaper to make it there.
Of course they're going to swap out materials for cheaper alternatives that are available locally. Part of the process of ramping up for mass production is working to change the design to accommodate the parts the factory can source locally.
I would say most of the blame lies with the entrepreneur in your hypothetical. They want to toss a design over to China that never went through DFM and expect the Chinese to both handle all the manufacturing changes and sourcing. Of course they will have a plan B to recoup their costs. Your foolish entrepreneur didn't even buy the tooling outright! Greedy and dumb.
There are ways to leverage some of the cost savings from China without giving them the whole project. Having them produce tooling or piece parts for domestic assembly is always an option.
I understand what you wrote, but your point is what?
The US do exactly the same and have done so for decades. 80% of software has been stolen without payment.
EG DOS and windows.
The only difference is that US lawyers will follow you to the ends of the earth if you challenge them.
The whole of US business is ruled by having friends at the top.
The State Department IS the US sales force overseas.
Maybe his point is we should, I dunno, not allow that!?
We can do it right now in our markets, and tariffs seem to be bringing other countries to the table, so it should work with that as well.
Ah yes, the American credo, "Do as I say, not as I do."
Trump has exposed the US reality : The US cannot be trusted from one day to the next.
Only a damn fool would invest in the US, because tomorrow all the rules may change and you are out of business.
The issue is that everywhere else just sucks to invest in. The US remains the top location for foreign investment with high prospects for that as recent as April.
Or is this some sort of hate boner for the US?
No, it’s just a Chinese bot.
Okay, a Chinese bot with a hate boner.
Investment out-of USA 2023 - $364 B
Investment into USA 2023 - $227 B
Do you have a source us investment vs other countries?
As far as I can see, US inward is always less than US outward and China inward is always more than outward. This to me means that people are happier to put money into China than take it out.
The point of course is that investments as in FDI are buying shares not necessarily production.
If you want to make people angry, [about the US] tell them a lie. If you want to make people furious, tell them the truth.
Wait, you are talking like a deficit of investment position here? Because you can look at the FDI of the US and compare it to anyone else in 2023, it leads the world comfortably.
While your Chinese comparison is really not saying that. It says that China gives its investors a harder time to move money out of their country than to get foreigners putting money in. Honestly the relationship between money moving ODI/FDI is not particularly relevant to whether or not people want to invest money in a country.
For instance, Chinese investors may be blocked or just not have the capital to invest their money outside of their country, while their country might be so capital starved that it eats all available investment capital they produce. While the US could be so capital-rich that its investors have extra capital to push outward. The sheer volumes here show China is dwarfed by the US in both inbound and outbound investment.
I don't know how you got that from my comment, but despite that, the entire world still want access to our capital markets.
Crazy, huh? They must be stupid!
Like most Americans, you do not understand the difference between investing and borrowing.
Nobody outside the US is putting money into the US. Volkswagen, Hyundai et al are saying if you want me to bring our patents and skills and build a factory in the US you must provide the capital.
The only reason that other countries are "coming to the table" is because King trump the First is threatening to kill off their manufacturing and trade causing millions to lose their jobs and income and homes. They (like China did) need time to diversify their customers and not rely on the US consumer.
I forget who said it but : "I am not angry because you lied to me [like about tariffs], I am angry because I can never trust you again."
First, your assertions are patently and obviously wrong, and the evidence of which is within your very assertion, because if *no money was looking for safe haven in the USA, then why are they coming to the table*?!
Second, fuck you, you prissy arrogant fuck. I look forward to your EU economy cratering, and you and yours suffering a long and painful depression, which will be capped off by Americans visiting to purchase and return with countless treasures of art and culture as trophies... Because you couldn't figure out Communism never works and needed cash to keep from starving to death.
It couldn't happen to a nicer bunch. Enjoy your future fighting North Africans over scraps of bread. If you're lucky we'll invade your continent for a third time to liberate you from your horrible decisions, and this time we'll make sure you pay your debt in full.
Oooooh you saying mean things about me! ooooh I am so hurt.
What part of :
"The only reason that other countries are "coming to the table" is because King trump the First is threatening to kill off their manufacturing and trade causing millions to lose their jobs and income and homes. "
did you not understand? Are the words too big? Do you need little pictures to show what is happening?
Just like in 1929 through to 1935, the depression will start in the US, be much, much worse in the US and will end when Asia-BRICS recover by eliminating the US from world trade.
It is amazing that you predict exactly what happened in Weimar Germany with the looting of art and culture by people who could produce neither.
The only war that the US has won in 200 years has been against Grenada, and that was because all three (count em, 3) cops went fishing that afternoon. In every other conflict, the US waited until the war was decided
(1917, 1944, 2025) and only then did they jump on the band-wagon, and claim that everyone owed them money. Against actual fighters, Chinese, Korean, Vietnamese, Afghanis, Syrians et al. they lost.
The only reason that you have a country is because the English were too busy fighting the French to come and spank the silly colonists.
It just hit the administration that $3500 iPhones were a bad idea.
I think that's an excellent idea. If I had a button that would eliminate all smart phones, I would push it. Baneful technology up there with fentanyl.
Trump's baseline tariff is too low. It should be 30% or more. Anything less is subsidized outsourcing, taxing American manufacturing more than we tax foreign imports.
For China, the baseline should be much higher for the reasons you state in your article.
Subsidized outsourcing has killed Yankee Ingenuity.
It's even worse than than you lay out...
https://www.zerohedge.com/political/how-chinese-imports-are-leveraged-cyberattacks