The world wants Chinese tech. China is determined to keep it
China’s rivals are learning how to get what Beijing won’t share
Add BT as a preferred source
THEY used to gripe about too much technology transfer in China. But in the past year or so, foreign business and political leaders have started to fret that too little is happening.
No longer do they worry so much about Western tech landing in Chinese hands; rather, they fear that China is now too effective at preventing its best stuff from passing to foreigners.
A former Chinese trade official reacted to the pivot with empathy rather than mockery. “It is a bit hypocritical, but it’s understandable,” he said.
TRENDING NOW
Profit with purpose: Kim Choo Kueh Chang’s pivot from public listing to protecting heritage
Singapore Kitchen CEO, senior manager charged with alleged fraud, falsifying accounts; both to stay in jobs for now
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Should you sacrifice some CPF Life income in favour of ILPs? Tread carefully
