Sunday, December 29, 2019

Barrett - China Steals Technology!

Barrett says that American companies agreed to share some of their technology with Chinese companies if they were allowed to move their production there. They didn't have to agree, no one was forcing them. This is how capitalism works, where you try to get the best deal, contract, or the best price. Simple as that! American companies needn’t have gone to China.

In this video I discuss how China is accused by many countries of stealing technology and intellectual property. This is not actually true in many cases, and I explore some of the facts surrounding this.

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