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outwebbyyou

Re:Italy Joins China's New Silk Road Project on Saturday March 23, 2019 @12:44PM (#19471176)
US declared China as main competitor last year (as declared by VP pence), enforced high tariffs as punishment on China, and the US military is on high alert with China as the main enemy focus for years to come. Because they realized Xi Jing Ping the dictator was a paradigm shift.

Europe is now just doing the paradigm shift, urging its member states to act as a unified front against China. Something that Canada, Australia, Japan, Taiwan, India, New Zealand, and Vietnam has started to do

Re:Italy Joins China's New Silk Road Project on Saturday March 23, 2019 @11:40AM (#19470879)
You don’t need to compete with it. The chinese dictatorship model (like Soviet union before it) will collapse within time. One man decision making and the need to save face means it is incapable of making quick responses to changing environments. State owned model means there are tons of inefficient companies making inefficient investment decisions. Oppression means it will force others against it.

Thus China currently has a 400% debt to gdp, private firms defaulting and failing while state firms hoards and makes inefficient investments, most of the free world economies aligning against China, more than 1/3 of rich people in China wants to/ are in the process of leaving, etc

Re:Italy Joins China's New Silk Road Project on Saturday March 23, 2019 @10:59AM (#19470706)
Hmm. Italy allies with an evil dictatorship that has a concentration camps for millions of minorities, and prosecutes religion by shutting down churches and jailing pastors. Sounds familiar...
> Tesla alleges former employee Guangzhi Cao, who worked on the company’s Autopilot driver assistance feature, stole source code before abruptly quitting in January and taking a job XPeng. Tesla refers to the company as XMotors in its complaint.

Why companies are still using engineers from China to work on trade secrets is beyond me. Even if they start off clean, they can be easily persuaded to steal by the Chinese companies or government.