Saturday, September 8, 2018

Global Trade War -- China

The Chinese are set on gaining as much from thievery as they can. They insist that any company wishing to have access to their markets must submit to becoming partners with a Chinese firm, so they can steal any intellectual property (IP) of the foreign firm. This isn't acceptable for things we would call high priority or of national security importance. But, some companies have been and will continue to be willing to accept these terms.

The U.S. government must pass any laws necessary to protect us from the loss of high priority national security IP (plans, blueprints, devices, processes, etc.). There is simply no other way to keep these things out of the hands of foreign governments. As for businesses willing to risk their IP to gain access to the Chinese market, good luck.

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