Comments by "Jackie Wu" (@jwu1950) on "American businesses are worried about China 2025, not the trade deficit: Carlos Gutierrez" video.
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kinspade0813 The Chinese don't steal. They are good at sharing. The Chinese have shared their IP with the world for centuries and they have never accused anyone of stealing. Some of the prime examples include paper, printing, gunpowder, compass, chopsticks, and wonton noodle soup. Besides, US companies willingly shared their IP with the Chinese so as to gain access to the huge Chinese market, and they have been reaping huge profit and other benefits from China. Also, IP has a very, very limited shelf life. If China stop making I-phones for Apple, in a matter of one or two years, Apple's technology will become obsolete, and everyone will be buying Samsung and Huawei instead. It's that simple. You know why there is no Japanese firm in this lucrative smart phone industry ? It is because there are still a lot of Chinese who would refuse to do business with Japan until Japan apologise and pay retribution for the crimes they committed in China in WW2. Who can blame them ? May the love and the peace of Jesus be with us.
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