> after further sharing of valuable IP, Futures abandoned the deal. Smith’s Harlow went into administration in 2020. As their Chairman put it: “They’ve taken what they wanted and now they’ve got it, they didn’t need the shell of Smith’s”.
Welcome to capitalism. Why did a Chinese company, or any company, to continue a deal once they got what they wanted?
> Both our countries have had to take action to stem CCP acquisition of cutting-edge national security advantage.
So, China paid for it.
It seems that to move all jobs to China was good because it only affected the working class. But now capitalism is not so good anymore.
I see that dangers of the CCP taking over high tech industries, they should not be allowed. But it is probably too late to do this effectively as most manufacturing has moved to China. Profits over people always bites back.
Welcome to capitalism. Why did a Chinese company, or any company, to continue a deal once they got what they wanted?
> Both our countries have had to take action to stem CCP acquisition of cutting-edge national security advantage.
So, China paid for it.
It seems that to move all jobs to China was good because it only affected the working class. But now capitalism is not so good anymore.
I see that dangers of the CCP taking over high tech industries, they should not be allowed. But it is probably too late to do this effectively as most manufacturing has moved to China. Profits over people always bites back.