Huawei does the same in mobile. Their know-how comes from hiring good people. They have R&D centers outside China where they employ people they hired from Qualcomm, Nokia, Ericsson and others to design their new 5G SoC and mobile technologies.
Huawei does the same in mobile. Their know-how comes from hiring good people. They have R&D centers outside China where they employ people they hired from Qualcomm, Nokia, Ericsson and others to design their new 5G SoC and mobile technologies.
Then it is time to kick Huawei out. Dissolve or nationalize their local entities, ban banks from dealing with their money.
China does not allow foreign companies to operate in China, so why should Western countries do the same? It's either a level field for all - or no field at all. The Western world has appeased China for too long in the hope China would democratize itself. This has evidently failed, it's time to pull the plug.
You are just repeating protectionist propaganda to justify overcharging customers to benefit protected corporations.
Then there are the more overt attacks like on Alstom, Toshiba etc.
Your better example is Aerospace, but there is no proven reason we need those colossal companies, and a big part of the merger drive that created them us to monopolize access to government contracts. ULA is a perfect example of that.
Arguably China have just found this with semiconductors. It was all well and good depending on TSMC, until the US blocked their supply.
This is not a pure economical issue because it's not about efficiency, it's about have some redundancy so when things get hard, one won't just be starved to death. Afterall, it takes time for the market to adjust itself and without food, there won't be time.
And TBH, following that reasoning, that there is nuclear bomb, ground force should be cut to save cost and tax money too.
Say that you are a citizen of a country endlessly threatened by invasion from a foreign power. Is it more important for you that your country has the nuclear bomb, which means your likelihood of being turned into glass falls from 50% to 0.1%, or that your country has greater control of agricultural production, meaning that in case of disaster you won't have to pay fortunes for imported food and cut your consumption? I'd say in this case the nuclear bomb is more important.
Also, we didn't see End of the World level nuclear destruction of any country because all the great world power developed the Nuke. The US Army very seriously considered using nukes in the Korean War as well as had plans for the invasion of the USSR (See : Operation Unthinkable and Operation Dropshot). The only reason these plans weren't carried out is because the USSR and China sacrificed very heavily in order to develop their technology and achieve technological parity with the West.
Kicking Huawei out because they fund research in Western countries would be just as stupid as China kicking out Microsoft because they fund research in China.
Also, are top talent joining MSR China? From what I know, many Chinese companies beat MS in compensation easily and these new companies will have the lure of quick growth as well.
Evidently they managed to hire the top talent behind that work at some point. Looks like Kaiming He works at Facebook now, though. http://kaiminghe.com/
Even Facebook operates in China. Their social network is banned (for refusing to comply to censorship laws), but the company is still allowed to do business. Facebook has quite a few advertisement deals in China.
Heck, walk down the street in China for 10 minutes and you'll see more McDonalds and StarBucks than you've ever seen in your life.
Since 2014 legal reforms, many foreign companies are no longer required to form joint ventures in China, and so own 100% of the shares (and technology).
Saying that "China doesn't allow foreign companies" is... unnuanced, to say the least.
Artcile from 1997. https://hbr.org/1997/03/entering-china-an-unconventional-app...
Also KFC, I've been to China and Asia many times and I'm still surprised at just how many KFCs there are.