Comment by accidentallfact
11 hours ago
It seems to me (and maybe I'm wrong), but it seems to me that "a lack of IP" increasingly means "we have no leverage to get the licences that we need" in China, and "we have no idea how they used to do it" in the west.
China doesn't need licences. They can just violate western IP law and make lots of money. As every country without a need to placate the IP industry does.
You can't steal everything if you intend to export. That's why they bought Qimonda's IP portfolio, so they have valid licenses when they start to sell their products in the west and not get banned for IP theft, although I assume the US & allies will just ban them anyway for another dozen reasons out of protectionism.
It isn't really "theft" when you know how to make something, but bullshit paperwork forces you to pretend otherwise.