Ask Prof Wolff: China Vs. a Myth of Stolen Technology
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- Опубликовано: 8 сен 2021
- A Patron of Economic Update asks: "I recently watched a great news segment about China's acquisition of western tech by China. You have spoken on this point in the past, could you reiterate that the tech acquired by China was not stolen, but as Saagar stated "China's ability to weaponize western greed."
This is Professor Richard Wolff's video response.
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I lived in China riding hybrid buses, brand new extensive subways, high speed trains and then returned to Canada where you are lucky to find a bus and no trains to a totally private car dependent system . Where is the technology that was stolen? It never was.
Well you were not supposed to go out and see the world for youself , thats the reason why dictators close their borders...
If people are free to go see the world their kingdom of lies falls
@@ihatehandles3 I love the slathering of irony here.
@@ihatehandles3we have no dictator where i m from
I came to the usa 25 years ago haven't seen a lot of technology yet
So your argument is empty
In a population as big and diverse as china even with the technology no dictator is able to control it
people ve would rise up against the "oppression "
I wouldn't go out to see other places where they receive me with contempt racism etc etc
Would you?
@@carlossori2877Yes, and China sent so many people to see EU and USA, that the former's tourism, fashion, and luxury goods businesses are folding because they can't survive without China.
To be fair I’m in Toronto now and found TTC (public transport system comprising subways and buses) very efficient and well run. I particularly like the card payment system with one fixed price to go anywhere on subway and buses as long as within two hours. Very convenient. Sometimes I make a return trip within two hours and pay one price.
It is "PAID" and not "STOLEN" technology. Overseas Chinese students spend 56 BILLION annually for education !!!
Saint- FBI indictments indicate US 600 billion of technology was stolen by Chinese military staff disguise as students,researchers,research fellows etc while studying in America?
b)Any Chinese indictments from China indicating that Americans had stolen from China ....how many billions ?
America after the defeat of Germany ,took 1600 German scientist/engineers under the A B C program ( Atomic,Ballistic,Chemical) conducted under operation Paper Clip - one o the Germany scientist was Dr Werner Von Braun who stated the US Space programne - stolen brsinpower cost billions ? How ?
Today NASA scientist comprise 36% Indian scientist - brain power cost billions ?
c)India said the British looted from India $42 trillion under British colonisation for 200 years ? Report by Columbia University ?
India did not tell us how much the Indian Elite,upoer class,high caste stole from India itself how much ...billions I must ask Colum
@@nantakumaran9789 Indictment? From a country that accused IRAQ had WMD? Come back & wake me up when they find the WMD ... 🤤😴
@@nantakumaran9789 if yu want to revisit the past the Americans were part of the Western plunderers who plundered and stole from Chins during the Qing dynasty. The ruins are still there laid bare for all the world to see in the suburbs of a Beijing
Well, they did. Not so, now that we have deeply offended China.
ya now we see how US colleges will struggle with funding with this revenue stream drying up.
China has pulled it off because it is unique with huge, diligent and hard working population, and a one party state with consistent long term goals but flexible enough to adapt and adopt so as to be pragmatic. Other Asian and South East Asian countries have similar ethos but their populations and geographical size are much smaller. More to the point, those countries have multi-party political systems that would ensure continuous changes to whatever the previous government has done, ie no consistency in long term targets but all short term political gains (Western style). Vietnam is actually a communist country but the US and the West like Vietnam; they rarely publicly criticise or smear Vietnam because it is not seen as a "threat". Singapore is a prosperous city state virtually dominated by one political party. Rarely, if any, have I seen negative opinions of Singapore from the West. Some local and Asian people think that Singapore acts like a dictator. So you know what I am leading to. Political system may or may not matter. It is a matter of effective governance.
During an interview, the founder of Huawei questioned that how could the West accuse Huawei of stealing technologies from them that they had not got? A senior employee said in an interview about 5G that the company had been researching on 6G several years ago.
By the end of 2020 the entire underground transport network in Shanghai was covered by 5G.
In contrast, the Mayor of London has promised to cover the entire London Underground network with 4G by the end of 2024.
That's how much more advanced Chinese technology is in terms of development and implementation.
Without Western interference of all kinds, I bet that African nations with help from China will leapfrog the West. This may sound far-fetched. The US will do its utmost, including starting a war and regime change, to next suppress the rise of Africa.
Many areas on the Belt and Road Initiative have since 2013 had bombings, massive political protests and chaotic civil wars etc. This is the dirty work done by a particular organisation to stop the success of China's Belt and Road Initiative.
If China and the Chinese had the technology to migrate to live in Mars, I bet the US would try to stop the Chinese travel in mid-space.
Excellent summary of the perceptions. Most western whining is pure sour grapes, and largely a result of condoning multinational flows of capital away from western countries. Capitalists care nothing for where profit occurs so long as there is profit. China has the powerful central government capable of refereeing these flows to their own benefit… the same for non-communist entrepôt states such as the authoritarian democracy of Singapore.
most governments in sea is really diverse
Best comment I've read anywhere on this topic
Agreed, the leaders are elected by popularity rather than competence in democracy. China's meritocracy is more efficient political system where the leader must first prove his/her competence. Whether we like it or not the time is on China's side.
@@rarediamond6868 Its not easy to develop when the most powerful country is hostile to your country. And you cannot learn everything at home so students are free to go and study in different Universities.
China was a student, however, at the turn of the 21st century China became a teacher, and now a innovator. Just look at the number of patents filed by China in recent years is evident of their technological capabilities to innovate.
China graduates more STEM students than the rest of the world combined.
1l
Stolen from us!!!!
Stolen from the United States...
@@scottclute7443 Mike Pompeo said "We lied, we cheated, we stole" that is the culture. For centuries, US, gone beyond what Mike had said, US had done human trafficking, kill natives in America, assassination, committed countless war crimes, tear down or sanction competitors who possess technology that US didn't have, US corporation stealing patented technologies with deceptions, when caught just paid a fine. US has the world largest network of spies, hackers, and cyberspace intruders stealing. Ask Edward Snowden, he can tell you more.
China requires a JV and technology sharing agreements when entering the Chinese market. The international companies agree to this and love counting those profits, but turn around and complain about the technology sharing later. Then it gets labeled as “forced” technology and then it’s labeled “stolen”.
Those were low-tech stuff such as CNC manufacturing process.
Overall, the Chinese people are very hardworking, smart (very good with Math, Science and Business) entrepreneurial, fast- learner, resilient and forward-looking.
Well said, professor Wolff!
You find "self-contradiction" laudable???
My career in China began in 1994 and during the following years I saw a steady stream of government heads and corporate CEOs visiting China with trade and other business in mind. What Prof. Wolff said and explained is factual and verifiable. The truth is the Chinese people has stood up against all odds.
When a bully cannot defeat his advesary even though with his friend's help he will cry foul and complain to the school authorities of unfair tactics and intimidation...
I find arrogance is key. Both nations.
Welcome home from Afghanistan...
Arrogance was learned...
@@lorrainewest7408 One more than the other, much much much more. Guess which country?
CHINA 👈THE VIRUS FACTORY 😵
@@johnreginaldchristie3925 Sorry wrong and bias info... it should read .. US .. Fort Detrick ...the origin of Covid 19...
The West must realised why China had a deep manufacturing skill virtually as if it happened overnight. The Chinese already had this skill inherited hundred of years ago, possibly thousands of years earlier. For e. g. the British visited China in the 17th century and saw many amazing products manufactured by the Chinese which they had never seen before such as pottery, silk, gunpowder, paper, printing etc. So they bought some porcelain wares back to Britain and studied them. Their conclusion was that the porcelain were made from egg shells which of course were wrong. The British were in a way very amazed by the Chinese talent in invention and innovation as well as their manufacturing skill in producing innovative products which were new to them. This gave rise to the British a spark of inspiration to be inventive themselves too. So from that time onward, the British embarked on a different mindset to be inventive which gave rise to the reconnaissance of industrial rovolution known as Industrial 1.0. China on the other hand was on the decline due to internal rivalries. Then came the foreign invasion and bullying which they had to secede the island of Hong Kong to the british and Macau plus trading. But within the Chinese, the deep inheritance of manufacturing skill, business skill and inventiveness were still there. That explain why Chinese seemed to be able to catch up to the West which seemed like overnight. To the West, it was mistaken for stealing their technologies.
dont call it copying, call it learning. learning is normal human trait.
Learning is....doing without thinking is copying. We all are inspired and borrow ideas, but if it is totally identical you are being a parasite.
@@bjrnhjortshjandersen1286 you just a loser who can't accept someone's success 🤣
Dear Sir. My take is that most of the technology you talk about don't matter. So Chinese make the iPhone keep 6 dollars. The technologies they develope the west deemed them fringe impractical and unprofitable like lithium batteries, solar, high speed trains. But when China started owning patents in 5G technology and leading in what will be the next productivity multiplier technology the mood changed. None of the high end tech was ever transferred they were denied the Chinese like nuclear and space science. Granted the chinese sent their students over to the Western universities. That is not copying. Many stayed back and contributed to the Western economy until they were unwelcome. They return home to found better opportunities for research and business opportunities.
What's wrong with sending their students to western universities to learn? They paid good money for it. Is attending universities to learn, stealing too?
Well America fail and cant take the shame.😭😳🥺
Well America good at steeling and blaming the victims.
Japanese did the same starting from the turn of last century which allowed their countrymen to bring home alot of the industrialisation knowledge which modernised their country.
@@s._3560 Look up Dr. W. Edwards Deming, the "Father of Quality Assurance" , credited with revolutionizing Japan's industry when it was known for turning out "junky" products, and making it one of the most dominant economies of the world. He was an American whose theories involving quality was spurned by U.S. companies because they would "be too costly" but were snapped up by the Japanese who began adopting them. In this case, the Japanese did not copy the U.S. - they merely picked up something that Americans discarded, found it to be an unpolished gem and ran away with it. Whose fault was it?
"Repeat a lie often enough it becomes the truth"
"it doesn't have to be true, it just needs to look like it"
“If the glove doesnt fit you must acquit”
Yeap, just like calling the weather balloon a "spy ballon". Now they admitted it they know it was really a weather balloon in the first place, but the damage is done as people don't care about the truth now.
Sadly the average of Americans either do not want to know or just don't understand Prof. Wolff economics 101.
Those who lived under Soviet enlightened leadership for decades understand him better than the ones who dream this nonsense being totally detached from reality
Because we have IQs over room temperature. This stuff is absurd.
They refuse to understand! To them, it's a god given right that the US must be number one!
They do not want to know.Because truth hurts them.Just like with everything else that Americans did wrong.But when confronted,they always give the stupidest same old answer which is "I don't know" or "I don't have access to information" which people outside of America know that's a straight up lie
Prof Wolff is so clear.,accurate and direct to the point. Wonder why Americans are still not getting it.
Americans live in a tsunami of 24-7 propaganda. The ones that get it are not the most vocal ones. The educational system has been in decline since the 1970's and critical analysis is not taught.
The Americans and the west do not want to believe that the CPC could do something that the west could only dream of! There's none so blind as those who refuse to see!
because of the media - all repeat lies and lies and then everyone believes because it makes one feel important and great to think that they knew the truth.
@@topixfromthetropix1674 I reckon they were well taught on critical analysis; the question is, how are they gonna get the right answers when material given to them were incorrect / inaccurate?
Becos of racist, I am serious, becos they think white people owns the world. And 20 years later, Chinese might have to face the same problem, cos by that time China probably will be the most powerful country in the world, and people will fall and be blindfolded. China fell into that trap again and again in the past 2000 years, and this is the time to show if Chinese is the better ethnic group.
You hit the spot dead on. It was all part of the deal that foreign companies agreed on when they begged to enter this massive market, it was called "market share for tech". Based on that consensus, the foreign companies get the market share and, in turn, their Chinese partner get to learn their tech. Over the years, the Chinese did get some tech which they would otherwise never have, but the stuff shared by foreign companies are mostly out-dated and of low-end, which strengthened the Chinese determination to spend heavily on R&D.
The West copied Chinese technology as well in the past when China was a strong Empire. There is nothing wrong with countries copying and learning from each other. Only Capitalists put that in people's mind that copying is stealing because they don't want others to compete with them. The concept of intellectual property is violation of human rights to learn from their surroundings. Copying should be embrace rather than shun in society. By sharing knowledge humanity can progress.
Intellectual property is theft from humanity.
On the Western mind, they get intimidated if an Asian can learn or do better. The agenda is "Teach only 98% as they may steal our jobs"! Every organisation I worked for in Oz, white folks would never ever trust a smart, dedicated person. Professionalism is lacking in Western work places. But work wa
Loved your thinking!
@@vuetube4558how much should u be paid ? If you are ? Smarter, more innovative, problem solving,etc than your Co worker !!?
Your interpretation of copying is more civil and reflects nature. Living beings routinely copy each other for self improvement and this ultimately benefits the whole community. Even animals copy from each other. In fact, people and animals who failed to copy others are setting themselves up for individual failure. Therefore, it’s very wrong for people to attribute copying as stealing. Nothing is stolen. I have eyes and I can see. Can anyone accuse me of “stealing what l am seeing”? That person cannot do so without being accused of doing exactly the same thing!
Coming from a. Professor and an American, my salute to you! You are unbiased in your analysis and indeed should open the eyes of
some narrow minded people. 👍
Unfortunately most westerners listen to Trump's demogoguery than the professor's truth telling.
You are truly a Prof with substance and quality who understand what is happening in the world now👍👍
How sad that we have to fight over who came up with “it” first. What an amazing world we would live in if governments would collaborate on the good stuff for people, our planet, the animals. We might finally have a world without war, poverty, etc. Some might say I’m a dreamer, but I’m not the only one! 🤗
You must think this is Star Trek, where money/material wealth are NOT the motivating factors but work to benefit all mankind. See Star Trek's, "First Contact"
It's when you leave it to governments (i.e. politicians) that 'bad things' happen.
@@johanponken you have clearly learned nothing from watching Prof Wolff's videos. It's not the government that is the problem it is those that control the government and thereby make the government work for them. Those people controlling the government being the wealthy capitalist class.
We will live in that world one-day it is only a matter of time. It won't happen in our lifetimes, but one day borders will have to cease to exist. It is merely the natural progression of a society that is becoming globalized. When the us vs them mentality fades, nationalism ceases to exist and there are enough resources for everyone. It is like how cat colonies form, when resources are abundant cats will live together, but with scarce resources they will fight each other and be territorial. Once resources become so abundant that there is no fear of not having then people will stop fighting one another, capitalism will be ancient history, society will be truly free. Assuming global warming doesn't kill us all first.
@@plastictouch6796 if the government allows the elites upper classic major corporations to control them then isn't the government the main problem? what is it that you don't understand or doesn't learn from him ?
Thanks professor of telling the truth to the world
All people whether it's Muslim . Asian , Western , irrespective want a BETTER LIFE not destroying others or imposing their own ideology except you know who, Which country is at war for years
That would be America, Britain, and France. Am I right? NO MORE FKN WAR!
@@ivanwalker3391 Don't forget the other lap dogs Australia, Japan, Canada and India.
@@ronniechew6566 Absolutely spot on Ronnie! Cheers!
@@ivanwalker3391 Beers on me matey 🍻🍻🍻
@@ronniechew6566 He! He! He! 👌
Intelligence comes from experience, age, sight, vision, education and an open mind, sir you have them all.
Thank you Richard Wolf for explaining; in a flourish, the commercial history of the last forty years of trade with China.
Well done Prof Wolff- clearly explained to the ignorants.
AND ... they are brilliantly disciplined in their learning. I studied Engineering with several Chinese Individuals; and they outperformed every North American Student by leaps. We stand no chance; they will eclipse us with their sheer quantity and quality of engineers ( heck, most of those co-students already were Masters and Phd's and just taking engineering as a second language lesson ).
And on the flip side of that coin, many Chinese engineers/builders were NOT hired by many firms I worked with overseas, bc they had developed a rep for taking short cuts, skipping over things, and ignoring obvious problems. And, no, their short cuts did NOT improve the systems! There are many good Chinese students, with good work ethics, That is true of almost every country, which has it's share of good and bad students. Also, the "requirements" for Chinese to get a Master's or PhD is quite different than most countries. And not in a good way! I have 4 degrees; two are in Engineering. When I took a trip to China, and "compared" degrees, just ONE of my degrees, although a Bachelor's, would have been consider very close to a Master's there! It is not MORE difficult to get a degree there. It is LESS difficult! I gave a "quiz", if you will, to a class of engineers, of which 3 were Chinese. It was to solve a few engineering problems, and not highly difficult ones. It was to judge their actual understanding of engineering, and at what level. A total of eight people did the quiz. Both Americans passed. Only 1 of the 3 Chinese passed. And I will not get into the Nationalities of the rest. So, yes, they DO have good students and engineers. So do many countries. Are they the very best? I would say, in general, that they are average to above average. YOu may not "like" this, but I'm telling no lies, but actual experience.
@@dwanemarsh4378 good sample size to make sweeping generalizations based on your actual experience....very scientific indeed esp with all your advanced engineering degrees
@@david50665 And would you lite then to tell me just how anyone else comes to their conclusions? Isn't it usually based on personal experience, training, and knowledge? And, by the way, I DO have two advanced engineering degrees. So, if you do not know me, or my background, your "opinions" are VERY suspect, and seem to be some "sweeping generalizations" to me.
@@dwanemarsh4378 , How come, they seem to leap forward in spite of what you have seemed to have witnessed? And yet to-day, you have to get TSMC to move to US to make chips? Yes, I did remember an American engineer of Indian decent saying the same thing years ago with regard to what the Chinese was attempting to do: to rail link Tibet to the rest of China. Often, such remarks seem to come from people who think a swallow makes a summer! Based on your conclusion, please advise Biden/Trump not to waste their time to try to derail China!
@dwanemarsh4378 😂😂 Seems like you need another one. All the maths olympiad in the US is won by Chinese and even the US team is composed of mostly Chinese or Asians.
Their engineers are actually hotcakes. Yet here you are blinded by envy.
Professor. You are always never fail to speak the holy truth. Great wisdoms.
Information is an infinite resource…‘intellectual property’ is a hindrance to collaborative progress.
I believe Elon musk said this too. He was happy if anybody would copy his blueprints for Tesla cars and help to electrify the world for green...
and IP is really weird applied globally. What if Country A grants 20 years for a patent, but Country B only grants 10?
what ever technology innovation are base on other people knowledge, i don't see anyone have the right to claim and own any innovation solely to themselves.
IP is an double edge sword. It protects the creator but also monopolise the market
@@jxmai7687 We are at war since the beginning of time and spy is part of it. Only those who getting better card or are in control will agree with IP concept.
ps. Just like when the US suddenly stop playing "Free trade" when the table is starting to turn
Thank you Professor Wolf.....This was my personal opinion for many years...and now I have somebody like you to back up my own personal view on all of this called.."Technology theft "..!!!!...Best wishes from Australia..!!!!
"You shouldn't be angry but be ashamed"!
Thank you Prof Wolff! At last someone puts this narrative to rest. I recently discovered this channel and love Profs historical knowledge. I have watched and read Michael Parenti for many years. Adding Prof Wolff to my library.
I think when you compare the wages earned by American vs. Chinese workers, then factor in the costs that worker incurs, you will find that after paying through the nose for health care, education, housing, child care and other things, the American worker is making less than Chinese workers.
We need serious study and statistic around this promise.
The costs of living are so much lower in China because an incredible amount is already provided to the Chinese people for basically free and many more things are heavily subsidized. There are countless cases in which the Chinese government simply built and gave housing out for free to people as an incentive to move them from isolated rural areas to more easily accessible and fast growing towns as part of their massive poverty eradication program. China has one of the highest rates of home ownership in the world. Education is free. Healthcare and public transportation are dirt cheap and ubiquitously available. Basic necessities are often price controlled. In such circumstances you do not need high wages. Furthermore China is not really dependent on external imports because they are such a huge economy they can produce nearly every type of consumer good themselves.
The reality is that soon most Chinese will enjoy a higher standard of living than working class people in the west, millions already are. While conditions here are declining, employment getting more and more precarious, wages stagnating, rent skyrocketing, housing becoming unaffordable, infrastructure crumbling, healthcare costs bankruptcy inducing, unions getting crushed so that working conditions can get more and more abysmal, a massive homelessness crisis on the horizon...while all this is happening here, Chinese people are only seeing their conditions improve from year to year, there is an incredible optimism there because it is clear to see that the future is very bright for them.
China is a society on the rise and they know it. The west is in terminal decline.
This is called higher purchasing power parity (ppp). In this you produce, earn or gain service more with less expenditure. By ppp value China is the biggest economy.
not enough time or space to print all the thmbs up he deserves, Bravo!
I've never seen the professor dressed so casual looks like hes going on a well deserved vacation.
About time 🙂
He is on vacation. When your mind is free of hindered, it is FREE...
Wolff with the drip
And that is important for you?
@@IJ72 just making a friendly comment that the professor looks nice ....is that a problem for you ? People will find anything to have a problem about smh
Thank you once again Richard. I wish the whole of the world would listen to what to have to say....honest truthful and real; instead of the spin and propaganda of western govts, especially the US & UK.
Well said.
You get more sense in ten minutes of the Wolffman than 10 years of Trump.
With all due respect, the full name of the professor is Dr. Richard D. Wolff. NOT Wolffman.
Sorry…that you are a victim of fake news. Trump did many helpful things for America but you are proof that if you tune into fake news you don’t know dick.
@@sandikennelly1357 can you name 5 thing trump did to help America ?
@@jetli740 Yes…I like the name by the way. Let’s see…Trump lowered my taxes saving me money and I am not Rich making less than $50,000 a year also including business taxes and that’s good for the economy. Trump doubled the Child tax credit. Trump doubled the standard deduction. Trump started to bring peace to the Middle East with the Abraham Accords making not only America safer but the whole world safer. Trump made America energy independent. Trump pushed BUY AMERICAN. Trump scraped NAFTA for a better deal. Although Trump raised our deficit to do it…he had to play military catch up with Russia that developed hypersonic weapons plus a nuclear torpedo and China that had built 54 more Navy ships (and counting) than we had under Obama’s 8 years. It was Trump that said we have to end endless wars and had a plan to pull out of Afghanistan…and he would of done it in a much better way than Biden did (no one would have been left behind). Trump went over to North Korea and showed respect to their leader who eventually stopped firing missiles into the Sea of Japan. Trump started enforcing our immigration laws and he started deporting MS13 members making out streets safer. Trump had more minorities working than anytime in American history. Trump pulled us out of the nuclear treaty with Russia because he wanted a new treaty that included China due to the fact that China uses about half of every dollar we spend buying Chinese goods building their war machine. Oh I am sorry…you asked if I could name only five things Trump did to help America. I could go on but what is amazing is that the Democrats we’re trying to impeach Trump from day one yet Trump was able to get things done. Obama and his intel people and Biden had a meeting at the beginning of Trumps four years trying to figure out a way to get rid of trump (Research it). For the first time in U.S. history America’s intel agencies were used to try to remove a sitting President.
You don't want to do that. You don't want even 10 nanoseconds of Trump's bullshit - like hydorxylchloroquine, injecting bleach and taking ivermectin.
My father was an engineer who worked in China for over 5yrs, one day he was taken to an engineering facility where he was manufacturing oil rig parts. He was walking through the factory and behind a large plastic covered room he seen a Man lorry that was in pieces all over the floor, he knew about lorries and the Man he saw was not even on the market yet but the Chinese had one in this facility. When he asked the engineers there he was told that they were not copying it they were improving it was their answer. And this answer has remained with me since he told me the story 💯🙏🏻
why didn't they steal western imperialism?
Cannot be explained better than your understandable and precious words. THANKS, PROFESSOR.
Thanks for this informative explanation of technology transfer to China. Hopefully, this video will help dispel the western government & media negative narrative on China. As Socrates said : "slander is the tool used by the losers when the debate is lost".
Do you think the Western don't know about this, OR they just choose to lie about it? (wink wink)
Thank you professor Wolff for telling the truth.
We need people like Prof. Wolff more than ever
So, me going to school to learn math, physics, and other academics would also be classified as theft...
yes !!!! you need to invent your own 2+2=4
99.99% of all social, political and scientific progress happens by copying of, iterating and variation upon already existing ideas.
The primitive human who first found a way to make fire did not "patent" his discovery. The first human who invented the wheel did not complain about others stealing it. Other people saw a good idea, replicated it and improved on it. This is what intelligent people do. If you are smart you do not re-invent the entire history of human development, you take what is already there, use it, learn from it and make the world better.
There is no greater crime in this world than the hoarding or gating off of knowledge. "Intellectual property" is theft from humanity, from our children's futures, and the greatest of offenses against our ancestors who freely shared their knowledge with others so that we may have the prosperity we have today.
TL;DR: It would be a crime to NOT "steal" technology.
China been stealing western technology for long time, some Chinese had been caught by the US government, it's in the news.
@@Harry-hm8gq so you think US dont steal technology from other country? i give you just 1 of thousands of product CAR did the US invent them? NO but your country has many car makers so did they paid for licensed? I think not and that is stolen technology?
Prof. Wolff you are flawless, your ideas flow like a mountain spring. I wish you long life because there are a lot to learn from you.
Praise you, our proffessor. both US and CHINA, their people are hard working and hard learning. it must be a wonderful way to respect and coopertate and love with each other. Fianlly, making great happiness and profits for the two great nations.
Thank you🌎✊🌹🗽🇺🇲
Next time you eat ice cream and watch fire work, think about China.
Prof Wolff, you are right. Remind me of a story I heard years ago during the Ching Dynasty where the westerners were bullying Chinese all over the place. There was a boxing match between a Western boxer and a Chines gong Fu expert. The rules state that the Chinese guy cannot use the leg to kick or the hand to punch (knowing how deadly the gong Fu expert can use their body as weapon). However in the match, the gong Fu expert still won the match using "Phantom Steps" (迷魂步). Not sure it is true story But what is true now is America is blocking China from using its Technology and China is responding by using their ingenuity to overcome the challenges!
I find it funny, because after WWII a guy named Deming went to US manufacturers to spread modern manufacturing techniques developed in WWII, but management laugh him out. He traveled and found the Japanese eager students. Japan beat the pants off of the US in the 80s because US manufacturing was crap and Japanese manufactures used our own methods to out compete US business. I remember a car worker being interviewed and him remarking that line workers kept saying defective assembly came to them, but management did not care. Employees cared, management did not. My own father worked for a US manufacturer who had large test facilities in house. This was because US component manufacturers mixed in 10% defective parts in everything they shipped in that same era.
Fantastic analysis Professor, very clear, precise and well articulated. Facts and truth told as it is. 10 out of 10. No qualm about it.👍👍👍
simply put: America set the table, China came to play, China won, America flipped the table and yell: how dare u
With China's FDI increasing even during these harsh pandemic-laden economic conditions, the accusations sound very lame. Try something more sensible sounding.
In the last century, one of the many accusations the US made against the then economic power Japan was that Japan was engaged in unfair competition, and the evidence was that the US claimed that Japanese engineers and factory workers were NOT taking as long vacation as their US counterparts did, which constituted the alleged Japan's unfair competition. How does that sound? Sensible enough?🤣🤣🤣🤣🤣😢😢😢😢😢🤢🤢🤢🤢🤢
Foxconn hiring 200000 workers in China to cope with demand with signing on bonus of 10000rmb. They could expand Vietnam and India plants but deciding factor was quality of workers, infrastructure and health .
Please keep this to yourself. Any India reading it could be very upset.
Good to hear the truth, thanks professor Wolff.
Well said, Prof
This is a win-win situation btw two parties. When you invest in my country, you'll get cheap labour, huge market and profits and we however will get your technology and know-how. We don't steal your tech but with your agreement, you share your tech with us. Both side wins!
Another thing with the Chinese is, once the technology is acquired and learnt, they innovate and improve on it through R&D, making it uniquely Chinese.
There is a saying. If other is moving forward while you remain stagnant , actually you are moving backwards.
where would the world be today without the use of the humble compass ? - first invented in China.
technology, like music, or literature, or any great idea, does not belong to anyone of us, it belongs to us all.
Correct Prof. The word Yankee is Dutch for thief.
wow. learn something new.
yankee is a corruption of yanwgeesh - an iroquian tem for "english" the people they met in the very early 1600s.
I remember the time well, in the U.K. Thatcher loved Reagan's Reaganomics and the thinly veiled racism by white imperialism and its love for the Asian sweatshops but called The Free Market Economy that she liked it so much she jumped on board gathering the bosses around telling them they could make much more money for themselves by shifting their companies overseas and not having to pay for a workforce at home. Successive leaders in the Northern hemisphere thought that it would continue their way, not thinking that Asia would be able to make things cheaper than we suspected so Asia profited and made a great success at it and good for them. The Western populations born in that period would be too young to know the changes our leaders forced into play and not have been taught that part of history with successive leaders happy for that ignorance.
I am so glad you cleared that up. I had no idea how corrupt western disinformation has been and perhaps still is. I want to learn more about China's history from non western sources, unless there are still some sources that are not bent.
Simply the most comprehensive explanation ever. Thank you Professor!
It should be remembered that many western companies took advanced technology with them when they built factories in the east, they didn't leave the good stuff in the west.
You might have overlooked that, "western companies" belong to the West in the first place, they don't need to "leave" anything behind in the west, its with them.
You hit the right button on this topic and the explanation is so blatantly clear. Totally agree with you.. thanks Professor Wolfe
The case of the pot calling the kettle black. Man has copy from God yet God does not hate man . He wants man to imitate him.
Hell yeah Professor!
China does not have a political party. CPC is as good as the government of China. No politics is necessary. So long as the government machinery is well greased and functioning, China has a strong government.
Technically they have 8 political parties. At one of their recent conferences Xi said they should do more to listen to them and adopt any positive ideas they have.
Amazing Dr Wolff 🙏🌹
Eloquent and brilliant
Thank you Prof Wolff for a very clear unbiased explanation, keep up your fantastic work👍💖
The good man tells the truth and nothing but the truth.
I work at a large multinational company. Our best growing segment is China.
Tks for the unbiased reporting.
thank you.
We all copy each other to progress and advance ourselves. Stop the hypocrisy. Every country has done it.
Great orator/teacher.
Million thanks professor. Perfect and true explanation of issues. Pleasure to listen to your analysis.
Very easy to understand your speech! Thank you very much!
Professor Wolff , your speech is just wonderful!
Excellent explanation, thanks
Prof Wolff Democracy At Work 👍👍👍
Good and clear explanation👍
Don't put too many chiefs in 1 company, put too many political parties in country will ruin people life
Professor Wolff's unbiased comments is very much appreciated.
Knowledge is shared,
Practice earns wisdom,
Patience creates prosperity,
Frugality and constantly nurturing discipline of sharing make a country
Rich and caring!
Excellent analyses, thank you for sharing.
You are the best !
Prof. You are so precised of what you described, a genuine mindset with no prejudice. Thanks
Learning is not copying!
America has a rich history of innovation by Asian immigrants. Here is a story most Americans might not know.
Chinese workers played a major role in the California gold rush, the building of the transcontinental railroad and later in mining and agriculture. In fact, Americans didn't know how to build railways.
Qian Xuesen a Chinese-American co-founded the Jet Propulsion Laboratory also work on the Manhattan Project. He was house arrested for five years and then deported to China without any evidence of spying. He later became the founder of engineering cybernetics, made China a nuclear power and was honored as the gather of Chinese space.
He was one of the most prominent scientists in America. He had contributed so much and could have contributed much more. So it's not just humiliation but also a sense of betrayal.
A former US Secretary of the Navy, Dan Kimball - later head of the rocket propulsion company, Aerojet - once said it was "the stupidest thing this country ever did".
Qian Xeusen was actually set free to return to China in exchange for the repatration of the US pilots captured during the Korean War.
The u.s did the same thing to Japan on the 1990.
I couldn't agree more with Prof. Wolff.
YOU ARE SO RIGHT!
Crystal clear explanation, thank you Prof. Wolff 🙏🙏
I came to Shenzhen in 2000, seen it in last 21 years. China is not forcing tax on small private sme and now these sme are so big that they start paying taxes. In Shenzhen normal salary is 2000usd and 1500usd for restaurant workers/ plus food and lodging.
Most of businesses have their own dormateries.
50 years ago I was working in Hong Kong as a textile ing ... I remember a hard discussion with group leaders the Factory Director came to this discussion then he started to speak ... he told his group leaders he was right I see this by myself you have to listen and improve, than we do better and don't people from Europe, and my Eys open up, and my brains told me I am killing my own profession !!! China has not stolen but learned!!!
Absolutely Fantastic. Thanks
The world is a history of copycats. It is all relative. Mind you that China is one of the oldest civilizations much older than the US. Once admired by the West as the most advanced civilization. How old is the US? A mear 200+ years. Already the country is facing tremendous problems inside and out. China's success arose from her hardworking people. The world is a fair playing field.
Nice clear explanation as always.