Originally Posted by
OhOh
No theft, western companies went into the battle with their eyes wide open. They calculated their existing IP value, and determined their costs of moving beyond them to register newer patents, against the immediately available and future market offered by Chinese consumers, enabling an immediate gain in profits. They have been winning big profits for decades and the Chinese are, mostly, still behind the IP curve. They are now getting closer to the crossover point. Hence the immediacy of goldilocks concerns.
No need to lure anybody, deals are agreed and conditions laid out in front of everybody involved. The new opportunities grow every year hence the continued investments in the China market and it's growing "moderately prosperous society", within China and along it's BRI partners. You really believe the most successful world companies management did/do not see that the only growing markets, Asia, Africa and South America, are crucial to their long term survival. These areas have large populations which are still virgin markets and still growing. Many have next to nothing in terms of trinkets, clean water, electricity, food, all up for grabs by all who join the express train. Those that don't will go the way of the Dodo.
China's purchases of most of the worlds commodities has kept a floor under the world exchanges, calculated prices. Increasing the suppliers profits. Ask any OZ mine owner/investor, Russia's oil and gas companies/investor, ameristani/South Korean phone companies/investor, Japanese/European/world car and truck manufacturers/investor, banking, medical and financial services companies/investor ..........
The current trade war is only about goldilocks wants it all to himself and bankrupt the competition and as such, with his background, an ideal choice.
Others want a share.