What do you think about Eric Yuan and Zoom, then? He was the VP of Engineering at Webex before he left, and then he launched Zoom (with a mostly Chinese R&D team). Would you haul him in front of your imaginary court and prosecute him until he proved no IP theft occurred?

Zoom is a US company based out of San Jose...

As Zoom is definitely within the scope of a valid CA non-compete, if it violated any WebEx IP of wouldn't currently be a publicly treated company.

This is entirely ridiculous. IP theft should be proved in a court of law.

define IP, please.

Intellectual Property

There's been a clear pattern spanning over a decade, maybe more, of routine IP theft by Chinese companies. Calling out xenophobia, while ignore these facts, doesn't help anyone.

Lack of respect for IP is also very ingrained in Chinese culture. It's not a new revelation. Whenever the subject comes up with my relatives on the mainland, they reply with, "Is anyone surprised? Why risk wasting time and money, when someone else has already done it for you? Why pay more when you can get it for less?" When I bring up ethical concerns, I get patronizing comments like, "You just don't understand, you are too American now."

If there's any place in the world where actors are rational according to economic theory, it's mainland China.

Xenophobia accusations aside,

especially when the chief engineer used to work for the American company

I think this certainly shifts the burden of proof to Nreal to prove they did not steal Magic Leap's technology after releasing a very similar product

That's certainly not true as a matter of law, and I don't think it's true in terms of any sort of moral or court of public opinion either.

Magic Leap, as with any accuser, faces the burden of proof, full stop. And offhand that looks like a pretty high barrier, given that the Nreal product is so different than Magic Leap's.

Could you please explain how is it Xenophobia to call out someone (or a group) who have been systematically stealing inventions from other nations over the last few decades while profiting from it, sponsored directly by their very own top governmental organizations?

Look what happened to the Japenese bullet train, the Samsung foldable displays, Huawei, etc. etc.

There’s nothing xenophobic about commenting on Chinese IP theft. It’s a very well documented problem.

You also don’t have to be against due process to have disdain for existing IP laws. They make things incredibly expensive for people to use to protect themselves, and have spawned an entire industry around their abuse.

There's nothing wrong with pointing out a pattern

I like patterns too. For example have you ever noticed China artificially props up the US economy via bonds/debt/investment and in return has flagrantly been allowed to steal pretty much every byte of US IP, both from the private sector and defense with zero pushback from our "intelligence" community, legislature, and only a hand wavey stop it from the Obama admin?

You still like patterns?

Would you please not take HN threads further into nationalistic flamewar? That's a violation both of the letter (https://news.ycombinator.com/newsguidelines.html) and spirit of this site.

China has to put that money somewhere. Repatriate it and the yuan inflates destroying it’s pricing advantage. But buy USD and the greenback inflates in value and simultaneously drives monetary expansion with low interest rates. It’s in China’s commercial interest to buy treasuries. For the same reason, dumping the greenback would inflate the yuan-USD pair which would effectively tariff themselves.

> You still like patterns?

I like patterns, do you have some?

> China artificially props up the US economy via bonds/debt/investment

I don't believe you can support that claim. The US economy is far larger than the Chinese economy and far wealthier. The US consumer is far wealthier and far larger than the Chinese consumer. That also includes the US equity markets being far larger and the US bond markets being far larger. Further, US manufacturing is also not dramatically smaller than China's manufacturing sector and their manufacturing has already peaked.

China's holdings of US treasuries and US debt in general is entirely trivial. It's so small now the Fed could wipe it out with a modest round of QE and the dollar would hardly notice (especially since the dollar is very strong right now). It becomes more trivial by the day as China's holdings have been stagnant for many years, the US economy continues to grow larger in real terms, and the US Government's debt continues to expand (reducing China's relative share; their relative share has plunged over the past decade).

Since late 2009 / early 2010, China's US treasury holdings have not net expanded. In inflation adjusted terms, they've contracted considerably (by at least 20-25%). In that time the US economy has added an economy the size of Germany + France (about ~$7 trillion non-adjusted).

China is less critical to the US today, than at any other time in the past decade. That is especially true given their imports of US goods are not very considerable and have not expanded in about eight years (a time during which the US added ~$5.x to $6 trillion to its GDP, even further reducing China's real import contribution value to the US economy).

So its even worse, our leaders gave them the crown jewels and got nothing in return you say?

That hinges on a very outlandish, entirely unsupported conspiracy theory that you floated in your initial post: that the US Government is intentionally allowing China to steal all the IP in question.

The politicians in DC obviously love the idea of debasing their sole superpower status and their global power that goes with it. They like that notion so much, they've never been known to launch wars on the other side of the planet, commit coups, abuse sanctions, abuse their global intelligence / espionage position, or use any other such tactics in the post WW2 era to continue that position of power. So they'll just hand it over to China on a silver platter through vast, intentional IP transfer. More likely, there is a combination of political superpower naivety (persistently overestimating their ability to control China over the past two decades) and incompetence at work.

Dead on!