this post was submitted on 30 Apr 2024
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China has actually been capitalist since Deng. Not sure about social mobility, but intellectual property and individualism are respected, though they're still pretty authoritarian, along with Xi's atrocities.
The entire fundamental basis of the CCPs economic miracle is that intellectual property is not respected.
I'm intrigued, how so?
In short:
Sinovac, "their" covid vaccine, was stolen from Canada when Canada offered to help them produce a vaccine. Signed an official treaty and everything. Canada did the hard work that they literally couldn't, and still can't, do. Then they took the vaccine and claimed it was entirely their own work.
Huawei's 5G development miracle is 100% stolen technology from Nortel. They did no work of their own other than work so shoddy even the UK Tories didn't want to touch it.
These are just the two highest profile ones that go right to the leaders of the CCP.
Funny how both of these stole from Canada. I found no information whatsoever on whether Sinovac stole from anyone.
I did find information on Nortel and how Huawei took their secrets from Chinese hackers. But 1. Nortel filed bankruptcy the same year LTE was introduced, and the hacks were a few years before. I seriously doubt that their technology was this advanced to be retrofit for 5G that easily without much innovation. 2. These were still Chinese hackers. This industry also requires innovation.
Lol saying china respects IP is hilarious.