Silicon Valley is belatedly waking up to the fact that China systematically extracts the most advanced technology from the west, using both legal and nefarious means.
So far, the US and European response has been entirely defensive. The US government tightened up laws last year to make it tougher for China to invest in our most advanced technologies. Germany and the UK are also increasingly wary of Chinese investment.
The US is drafting new export controls so American companies cannot sell cutting edge tech to China. In May, the Trump administration effectively banned US companies from doing business with Huawei. And the FBI is frightening university administrators and technology companies with tales of Chinese spies.
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