Re:How China Systematically Pries Technology from U.S. Compa...
by api on Wednesday September 26, 2018 @12:55PM
(#18077895)
China is equally dependent on foreign infusions of capital. The real issue I think is that labor arbitrage has been very good for upper income and wealthy Americans. Corporations and the rich have gotten much richer by shipping labor off to China and paying less for it and pocketing the difference. That's largely why there has been no political will to challenge this situation.
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Re:How China Systematically Pries Technology from U.S. Compa...
by lotsofpulp on Wednesday September 26, 2018 @01:07PM
(#18078017)
I find it funny that it's also the previous generations' middle class' 401(k)s and pensions that need the investment returns provided by cheap chinese labor and lax environmental rules, while at the same time ruining the future for their descendants.