The Zhongguancun Development Group (ZDG) is funded by Beijing’s local government (Zhongguancun being “China’s Silicon Valley”). Tired of seeing Made in China (Know it’s money, regulations) I blame our leadership of this country from the past." trade with China: "The United States has been ripped off for many, many years… I don't blame China. “We are building the door or bridge to the China market,” said Wei Luo, the chief operating officer at ZGC Capital Corp, which runs the ZGC Innovation Center, one of the accelerators to whose activities Senator Warner is referring.
Spokespeople from several China-backed accelerators told Reuters their aim was to increase co-operation, entrepreneurship, and relations between the two countries. Universities in the US remain a very popular choice for Chinese students interested in technology-oriented study, and transnational ties between entrepreneurs, investment companies, and academics continue to flourish. President Trump’s position on visas for foreign workers and the government’s increasingly bullish relations with China over trade add to the overall undercurrent of negative opinion, which is thankfully not reflected in some circles, such as academia and engineering. However, according to Crunchbase, there are around 229 accelerators or incubators operating in the San Francisco Bay area, so overt Chinese presence comprises less than five percent of all activity.ĪRE VENDING MACHINES A LOSING INVESTMENT IN CHINA? Senator Warner was commenting on a report that showed there are currently 11 tech accelerator programs operating in Silicon Valley which are specifically designed to be China-centric and are at least in part funded by Chinese companies or institutions, such as local government. Their ongoing efforts, legal or illegal, pose a risk that we have to look at very seriously.” China’s government has clearly prioritized acquiring as much of that intellectual property as possible. “Our intellectual property is the future of our economy and our security. THE UNPLEASANT strand of nationalism bordering on xenophobia currently plaguing foreign trade policy in the US has been fuelled by a recent statement to Reuters by Democratic Senator Mark Warner in his role as vice-chairman of the Senate Intelligence Committee:
0 kommentar(er)
