China Compromise

[ironchef]

China Compromise

President Donald Trump has reportedly dropped the U.S.'s demand that China end commercial "cyber theft" activities, in order to seal the U.S.-China trade deal. "A lot of issues are being jettisoned from this negotiation because President Trump wants a deal," a source told the Financial Times, which said the U.S. was likely to go with a watered-down commitment from China on the theft issue. Looks like a major win for Beijing if that's the case, though the issue did seem genuinely intractable—the U.S. wanted China to promise to stop doing something it said it wasn't doing anyway. Financial Times

This one is an easy "give", why?

Think about this: You leave your door unlock and often wide open but tell the thief to promise you they will never steal you blind when you are not home? We have the responsibility to protect our IP by making sure our IP are securely locked up and cannot be stolen. Often US companies are very careless about protecting their IP and they really have no one but themself to blame if their IP are stolen.

The biggie to me is legal tech transfer if companies want to do business in China. That one is what really caused a lot of real tech transfer to China and teaching Chinese companies the knowhow to compete against them. If he gives up on this one, the game is over.