China vs. the World: Whose Technology Is It?

china vs. The realism Whose engine room is it? Executive summary chinawargon, the orbit with incredible fast-growing travel of development, like a shot is becoming more attractive to western sandwich expend companies than ever. mainland China authoritiess know that and they break in to take advantage everyplace that channelize by forcing the multinational companies to shargon technical schoolnology in the exchange of future investing opportunities. This strategy has created a lot of rock and discontent amongst China regime and unkn receive companies. China presidential term recognise the importance of technologies and investment in R&D in the touch on of becoming the worlds choke five economies.They developed three-pronged plans to solve this problem, generally by investing in sure industries, by learning and generating economics scale, and by receiving technologies from external partners. Chinese governing body alike know that it is possible to resort their foreign partners investment to other emerging countries duration they mum depend much on technology of Western and developed countries( Japan, Korea). numerous strategies are processed by government to limit the control of the foreign companies over the domestic market and to support their experience players.For instance, multinational companies only could hold 49% of the equity stake of new corporation or 70% of each schema had to be locally. In the software system industries, government decreases tax for domestic companies, they require the foreign software has to disclose their source and requires the software version for China. Local banks even give loans with below-market rate to domestic companies. However just about certain industries of China are still unable to compete with strong and hawkish foreign companies. The conflicts between China and the U. S. deplete been raised due to Chinas policies.The author menti unmatchedd that the main reason is because of the primary difference of policy and culture China focuses on saving for future and U. S. cares about(predicate) current consumptions. However in the iridescent side both of them are pragmatic, range at the top and both of them hope to enhance the trade flow between two countries. Among the interaction between China and the U. S. the multinational companies expect to find their own ways to adjust and overcome that tension. For approximately foreign companies that want to succeed in China market, teaming up the Chinese decision maker and making themselves indispensible to the Chinese government is essential.Once they have something that China wants and no one else has, they are able to win the bar assemble with Chinese government. However it is rare exception, mostly they are still learning to protect their gifted property in China. Personal arguments The bind brought up the very interesting egress of China and its role in planetary economy in the 21st century. It helps us to understand how China government is capitulum for and how they use their policies to fight in the spherical market.If China succeeds in these policies to promote the high-technology, we would in all probability to see a boom scientific boom in some geezerhood since the market became more competitive, both China and developed countries would be pressed to gain new innovation with faster speed or else they would be able to lose the market share to their competitors. After all, the one who get benefits most is consumers because now we deal easily purchase high-tech products with low-cost price, it changed the high-tech products from niche product to fuck off mass product.Besides, it looks like Chinese government is trying to learn the lesson from Japan in the past. After the post-war, Japan was successful in buying technology from the west. It started developing high- tech products and production facilities. Lastly, from Chinas flower of view, Chinas current policy is very helpful to meet the imperative requirement of development. However for the long-term, Chinese government need to gain their own resourcefulness of technology and innovation. Otherwise in some situation they will lose in bargaining with their foreign partners because they can ceaselessly shift to other emerging countries.