Beijing is locking the gates to stop expertise and capital in strategic industries from fleeing. The country accused of industrial-scale intellectual property theft now fears the West will take its own.

17 points•billybuckwheat•6 days ago•3 comments•

3 comments

EA-31676 days ago
This seems like a reaction to the economic situation in China and how the leadership expects it to unfold. That and wealthy Chinese people have been exfiltrating their wealth for quite some time.
pavel_lishin6 days ago
> It is perhaps ironic, then, that China is now taking steps to prevent its own high-end technologies and talent from escaping abroad.

That doesn't feel ironic. Especially when I would wager the west has done plenty of industrial espionage of its own.

dxsm6 days ago
"For decades, China has faced accusations from the United States and the European Union of stealing their technology."

It's almost like most of the western world outsources manufacturing to China or something...

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