SiteFocus - Creative solutions start with ELAINE
From our analysis, we found the following most relevant:
While American credibility is in shreds following the botched withdrawal from Afghanistan, Chinese leader Xi Jinping has moved in broad daylight to steal the intellectual property of Advanced RISC Machines (ARM)a global technology giant valued at over $50 billion. Absent a major reversal on the part of the Chinese authorities, China will have effectively nationalized the Chinese branch of the U.K.-based company overnight, and with it, staked a claim to all of ARMs intellectual property worldwide
The Chinese police looked on with wry amusement, a sentiment that is likely to be echoed by whatever Chinese judges hear the case against Wu.
The precise circumstances of this coup demonstrates both the Chinese approach to business a process of chopping, where the Chinese government requires international firms that wish to operate within the Peoples Republic of China to sell a majority stake to Chinese investors and the Chinese governments long-term ambition, which is to eventually turn every 51% stake into a totality