Don't we remember the Japanese government forced foreign investors to open their firm-factories for 100 days to local Japanese entrepreneurs in the post-war era?
So it's okay that Japan does somethinglike "stealing western" tech but not okay for China =) lol
China has consecutive GDP growth ave 10% years for 30 years , IMF recent report, In 2016 China will surpass U.S GDP, actually today, China's GDP already reach $11.2 trillion, only 3.5 tn short to american 14.7 tn
i am sure 9 months from now, China will surpass z USA
in 2025 China GDP will be a whopping $123 trillion, more then world double GDP combine, inevitably China will become a hyperpower nation.
Hey that Peter the idiot, go to check the list of suicide rate by countries on Google, China's suicide rate is just at the 66th but Japan's suicide rate is the 5th and South Korea is at the 2nd in the world, let's see who are happier now.
Lol the West robbed all the natural resource from their colonies in the 19th, 20th century and US sold its weapons to both side of war during WWI to get rich, Americans invaded Iraq to rob Iraqi oil, now Americans play innocent here lol. Wall street's bankers created a big financial turmoil but Americans blame on China. How can American investors hire the Americans who don't even know where their own US capital city is?
The Chinese Government encourages the copying of technologies from any and all that choose to do business there. This is a known practice that companies are keenly aware of. The actions of the most advanced companies clearly show this as most of the high level copying has taken place not in China, but in America. Record number of cases are being brought forth to the US courts now.
@FlyingTigersKunming The legal protection is very weak in china. They say they protect and have some of the most stringent laws in the books but they hardly enforce it especially if it is a government owned.
This is a shafting everybody plus the fact that they require is joint ventures and force them to use local chinese suppliers.
@ivarunmehta no he is not. You should read his new book Death by China.
The chinese have been known to reverse engineer products without authorization. Legally speaking if they wanted to do that they should get a license production agreement but they managed to screw over other countries. An example is the SU-27 from Russia. They totally shafted the russians on that deal. The chinese are somewhat heavy handed in requiring that every company that invest in China requiring them to enter joint vent
I haven't seen credible evidence to suggest they are doing this on industrial scale.
Anyway even if they are doing this, since China is now a signatory to WTO it is bound by Int. law.
Those who feel like they are playing unfair can launch a complaint there as some US congressmen were about to do few months back or last yr. if i remember.
Not doing so then blaming China is not really unconvincing and smacks of confusion and uncertainty.
@ivarunmehta The problem with china is that their enforcement of law is very sketchy at best. They say they have some of the most stringent environmental protection laws but you see them looking the other way when factories are dumping untreated waste into their rivers. This is actually a common complaint their nonenforcerment of laws. Intellectual protection laws enforcement is also somewhat sketchy. FOrcing companies into joint ventures is also an issue.
peter navarro need to google some productivity charts and learn about how it correlates with employment rate. labor in the us is one of the most productive in the world if not the most productive and the increase in productivity rate more than offsets shrinking demand for low value labor.
also i like how he compares 10% growth in a DEVELOPING COUNTRY to 2% to 4% growth in a HIGHLY DEVELOPED COUNTRY. LOL?
that idiot doesn't realize china respects ip rights, but some small chinese companies can get away with infringing patent rights when they don't get attention.
@WavesOfTrolls he draws conclusions like a little kid. like he takes an isolated case like foxconn suicide and thinks every chinese worker is going to commit suicide. he sees 1 firm's shanzhai and thinks every chinese firm is out steal american 'secrets'
No country can compete with China in terms of cheap labour. That is rubbish. Some African countries were known to be cheaper than China years ago. The reason China is more popular is that its politically stable vs Africa.
Cheap labour in terms of USD isn't that bad when the cost of living is ridiculously lower. But stick with the one sided analysis. I mean the slave labour line sounds so well.
Peter Navarro must be shitting himself every time China experiences high yearly economic growth.
@mrfriendlyguy The reason why companies invest in China and not Africa isn't because of the politics, it's because China has the population large enough to make all the goods from our companies.
This debate reveals the governance and accountability to People ranks high in Asian Society including Chinese, at-least for now. The Rule of Law is no guarantee of livelihood for People living in Canada and U.S., feel free to ask U.S Supreme Court. Good debate.
Funny, looks like Americans in 2010 have historical amnesia. They don't remember that they STOLED (bought for peanuts) most of their technology to defeated Germany which was 15 years ahead of the USA in 1945. Funny thing, very funny how short memory works when it is not convenient to remember something.
@Revolucionario02 We didn't steal anything you dumb bitch the Germans and japanese willingly came over to the US, made their lives and inventions here, which is much more than you can say about China.
man, are they stupid or what? state capitalist countries don't enforce intellectual property rights very well or not at all because none of them have the market incentive to innovate, but that will eventually come when there will be a market incentive. why would they enforce ip if half of the population is starving to death? rofl
lol, man they need to put things into context. the u.s. was as protectionist and mercantilist as china historically at the same level of development. moreover, yes, there is a problem of ip rights enforcement but its in china interest to solve this problem to move up in the value chain. moreover, there is a real economic incentive to move away from a export-oriented model so there will be less trade confrontation.
you can't blame Americans....besides from being sour and bitter, what else can they do?
edwardtang1977 3 months ago
Don't we remember the Japanese government forced foreign investors to open their firm-factories for 100 days to local Japanese entrepreneurs in the post-war era?
So it's okay that Japan does somethinglike "stealing western" tech but not okay for China =) lol
corporalcharlie 3 months ago
I'd rather live in a country where the business owns the government than vice versa, but both government types are no good.
Vote for Ron Paul and we wont have to worry about either government type.
MrRyvil 4 months ago
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China has consecutive GDP growth ave 10% years for 30 years , IMF recent report, In 2016 China will surpass U.S GDP, actually today, China's GDP already reach $11.2 trillion, only 3.5 tn short to american 14.7 tn
i am sure 9 months from now, China will surpass z USA
in 2025 China GDP will be a whopping $123 trillion, more then world double GDP combine, inevitably China will become a hyperpower nation.
energyalt56 6 months ago
Hey that Peter the idiot, go to check the list of suicide rate by countries on Google, China's suicide rate is just at the 66th but Japan's suicide rate is the 5th and South Korea is at the 2nd in the world, let's see who are happier now.
fastkillmmm 10 months ago 6
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Lol the West robbed all the natural resource from their colonies in the 19th, 20th century and US sold its weapons to both side of war during WWI to get rich, Americans invaded Iraq to rob Iraqi oil, now Americans play innocent here lol. Wall street's bankers created a big financial turmoil but Americans blame on China. How can American investors hire the Americans who don't even know where their own US capital city is?
fastkillmmm 10 months ago 2
Comment removed
fastkillmmm 10 months ago
The Chinese Government encourages the copying of technologies from any and all that choose to do business there. This is a known practice that companies are keenly aware of. The actions of the most advanced companies clearly show this as most of the high level copying has taken place not in China, but in America. Record number of cases are being brought forth to the US courts now.
FlyingTigersKunming 10 months ago
@FlyingTigersKunming The legal protection is very weak in china. They say they protect and have some of the most stringent laws in the books but they hardly enforce it especially if it is a government owned.
This is a shafting everybody plus the fact that they require is joint ventures and force them to use local chinese suppliers.
redwhitedude 9 months ago
Peter Navarro is an idiot.
Accusing Chinese of stealing Tech, like they are torturing the West's CEO's & their families to divulge those secrets.
They ask simply, if you want to enter China you have to share Tech.
Its a sovereign country it has every right to ask for that, just like those Western Companies have the right to refuse and not go into China.
Simple.
ivarunmehta 11 months ago
@ivarunmehta no he is not. You should read his new book Death by China.
The chinese have been known to reverse engineer products without authorization. Legally speaking if they wanted to do that they should get a license production agreement but they managed to screw over other countries. An example is the SU-27 from Russia. They totally shafted the russians on that deal. The chinese are somewhat heavy handed in requiring that every company that invest in China requiring them to enter joint vent
redwhitedude 9 months ago
@redwhitedude My argument still stands.
I haven't seen credible evidence to suggest they are doing this on industrial scale.
Anyway even if they are doing this, since China is now a signatory to WTO it is bound by Int. law.
Those who feel like they are playing unfair can launch a complaint there as some US congressmen were about to do few months back or last yr. if i remember.
Not doing so then blaming China is not really unconvincing and smacks of confusion and uncertainty.
ivarunmehta 9 months ago
@ivarunmehta I meant *convincing.
Once again, every sovereign country has the right to ask a deal which is heavily biased into its favor.
Other sovereign countries have the right to refuse to go into that market.
Plain and Simple. Period
Thats why i called Navarro blaming China in this situation stupid. maybe harsh but still not far form it.
ivarunmehta 9 months ago
@ivarunmehta The problem with china is that their enforcement of law is very sketchy at best. They say they have some of the most stringent environmental protection laws but you see them looking the other way when factories are dumping untreated waste into their rivers. This is actually a common complaint their nonenforcerment of laws. Intellectual protection laws enforcement is also somewhat sketchy. FOrcing companies into joint ventures is also an issue.
redwhitedude 9 months ago
@redwhitedude I am not arguing on these new points you listed. Could debate them but youtube is hardly the forum for such.
All i am saying is (not to you personally per se)
"Don't like China?, Get the f**k out, and stop whining, no ones holding a gun to CEO's doing business there"
There are enough big markets than China, India/Africa is bigger combined see how it goes there.
ivarunmehta 9 months ago
peter navarro need to google some productivity charts and learn about how it correlates with employment rate. labor in the us is one of the most productive in the world if not the most productive and the increase in productivity rate more than offsets shrinking demand for low value labor.
also i like how he compares 10% growth in a DEVELOPING COUNTRY to 2% to 4% growth in a HIGHLY DEVELOPED COUNTRY. LOL?
EasyBedpost 1 year ago
I don't think that China is behaving any different or better for that matter then the US has been all along.
It's a typical case of the pot calling the kettle black.
AmersfoortTristan 1 year ago 2
@AmersfoortTristan The only difference that in China the government owns businesses and in the US business owns the government.
AmersfoortTristan 1 year ago 11
@AmersfoortTristan both have disadvantages.
redwhitedude 9 months ago
@AmersfoortTristan You said it so much like it is, I don't even know what to say now...
Scientisticsoviet 2 months ago
Peter Moron.
Bendover4China 1 year ago
I just want to punch that peter dude in the face!
12gigiJAbomBOMba 1 year ago
that idiot doesn't realize china respects ip rights, but some small chinese companies can get away with infringing patent rights when they don't get attention.
WavesOfTrolls 1 year ago
@WavesOfTrolls he draws conclusions like a little kid. like he takes an isolated case like foxconn suicide and thinks every chinese worker is going to commit suicide. he sees 1 firm's shanzhai and thinks every chinese firm is out steal american 'secrets'
EasyBedpost 1 year ago
Peter, the suicide rate in Foxcoon China is in fact lower than average suicide rate in USA.
If you think people suicide in Foxcoon because they are slave labors, then people in USA on average are worse than Foxcoon China.
enzhus 1 year ago
@enzhus they like to talk about per capita about income but not anything negative
EasyBedpost 1 year ago
@Xwaxtaxper
china owns the fascist US.
US is the devil's creation.
stealthpakfa 1 year ago
Hm... Bad Samaritans? The book I mean.
Scientisticsoviet 1 year ago
No country can compete with China in terms of cheap labour. That is rubbish. Some African countries were known to be cheaper than China years ago. The reason China is more popular is that its politically stable vs Africa.
Cheap labour in terms of USD isn't that bad when the cost of living is ridiculously lower. But stick with the one sided analysis. I mean the slave labour line sounds so well.
Peter Navarro must be shitting himself every time China experiences high yearly economic growth.
mrfriendlyguy 1 year ago
@mrfriendlyguy The reason why companies invest in China and not Africa isn't because of the politics, it's because China has the population large enough to make all the goods from our companies.
Xwaxtaxper 1 year ago
hmm, has USA forgotten that it got most of its "home-made" technologies from the defeated Japanese and German scientists?
lordangelic 1 year ago 4
@lordangelic Sure and I'm sure the airplane and electricity were both German/Japanese inventions too.
By the way, the fact that Japanese and German scientists came over to America to make their inventions here show you why we are number 1.
Xwaxtaxper 1 year ago
This debate reveals the governance and accountability to People ranks high in Asian Society including Chinese, at-least for now. The Rule of Law is no guarantee of livelihood for People living in Canada and U.S., feel free to ask U.S Supreme Court. Good debate.
gurumundar 1 year ago
Funny, looks like Americans in 2010 have historical amnesia. They don't remember that they STOLED (bought for peanuts) most of their technology to defeated Germany which was 15 years ahead of the USA in 1945. Funny thing, very funny how short memory works when it is not convenient to remember something.
Revolucionario02 1 year ago
@Revolucionario02 We didn't steal anything you dumb bitch the Germans and japanese willingly came over to the US, made their lives and inventions here, which is much more than you can say about China.
Xwaxtaxper 1 year ago
excellent debate.
rebharath 1 year ago
The US was built on ip theft and protectionism. Look up Ha-Joon Chang's talk on Youtube.
Air420 1 year ago
china is stealing jobs!!!! shoot them!!!!!!!!!!! lol every developing country is stealing jobs from america. what an idiot...
YourLordliness 1 year ago
@YourLordliness whats wrong with that? youve been stealing land from ppl karma is progress
AsianTaliban 1 year ago
@AsianTaliban dude, i am asian. what the hell are you talking about? moreover, i have been defending china as much as i could.
YourLordliness 1 year ago
man, are they stupid or what? state capitalist countries don't enforce intellectual property rights very well or not at all because none of them have the market incentive to innovate, but that will eventually come when there will be a market incentive. why would they enforce ip if half of the population is starving to death? rofl
YourLordliness 1 year ago
lol, man they need to put things into context. the u.s. was as protectionist and mercantilist as china historically at the same level of development. moreover, yes, there is a problem of ip rights enforcement but its in china interest to solve this problem to move up in the value chain. moreover, there is a real economic incentive to move away from a export-oriented model so there will be less trade confrontation.
YourLordliness 1 year ago