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Old 01-21-2021, 12:07 PM   #58
sonick
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Quote:
Originally Posted by Traum View Post
As a common Chinese saying goes, China wants its international policies to be a win-win situation for the countries involved, but the Chinese definition of a win-win situation means China wins twice.

Huawei and solar panel manufacturing are examples of state-backed unfair competition in the private sector. The standard playbook there is for the state-backed enterprise to gain a controlling market share through state support (vs private sector-only resources), buy out the competition, and direct the bought-out industry to put China's interests ahead of the interests of the others. In Huawei's case, there are economic and privacy concerns. The South China Seas disputes, the Taiwan sovereignty issue (which is really an attempt to break through the First Island Chain), and China's Belt & Road Initiative are examples of gaining geopolitical control worldwide.
Good example with this that directly impacted Canada. Back in the day when Nortel was flying high, the Chinese military hacked Nortel to steal their intellectual property. This resulted in Nortel eventually going bankrupt.

It's reported/speculated that this IP eventually ended up at Huawei and gave them the leg up on 5G technology among others.

Pretty scummy if you ask me.

https://globalnews.ca/news/7275588/i...ack-on-nortel/

https://www.bnnbloomberg.ca/did-a-ch...pany-1.1459269
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Last edited by sonick; 01-21-2021 at 12:53 PM.
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