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Luu, it looks as though China, wants to check out possible buys in Australia.
Nothing like really going through the books.
https://www.smh.com.au/world/north-...r-industrial-scale-theft-20181221-p50nl0.html
Maybe Donald isn't as full of BS, as they keep saying, sooner or later the penny will drop with the masses. IMO
For sure they'll hack and steal stuff. But all these are a bit overblown, in attempts to further enforce "security" and other measures to spy on us ordinary plebs and radical hippies (and some terrorists).
There's those patent database anyone can freely access. The only thing stopping people who read it from stealing the patent would be punishment. But if the comrades turn a blind eye, which they do, who's going to sue inside of China?
And when the stolen ("studied") tech is properly hacked and trialed, bringing in the dole from domestic customers, improvements will be made and export without much noise or legal issues. At least that's what I think anyway.
But as you say... opening the books. I reckon APA was the latest big AusCo. example of welcoming the barbarians with open arms to have a looksy at the methods and operations. For a potential takeover, for sure
Then there's all those JVs with China operations. Manufacturing in China. I heard that most of the world's drones are build in China. It's cheaper there right?
So the first couple of models were as spec by Western corporations. The enterprising Chinese partner soon enough come out with slightly modified models. Leapfrogging the old tech they were hired to build.
That's how it's done.
And that's why some businesses, like the Japanese that I know of, would not send their engine and tech anywhere in China.
But if you ask me... seeing how these large corporations don't pay much, if any, tax anyway... and the stuff that's stolen are patents... If the Chinese, or anyone, who could bootleg it, knock off a similar or even improved tech in return, flooding Western markets with cheaper quality goods... not really harming us peasants now does it?