One-Sided Contracts, Chinese Steamroller
The Chinese (by means of Huawei and ZTE and the like) have already destroyed a major part of European and Canadian telecom equipment makers: Nortel, Alcatel-SEL. Nokia and Ericsson are in bad shape.
The Chinese can export whatever they want into the EU at small customs rate, but our companies must produce cars and the like in China, if they do not want to suffer punitive customs rates. Plus we need to hand over lots of IP in the process of "local production".
In other words: the incompetent elite of the EU has signed "one sided contracts" with China and the chicoms exploit it to the max. It is high time to stop this insanity, before we have more our our economy steamrolled. Plus, the Americans are right about the security and defense implications.
http://altwissenschaft.ddnss.de/EDV_Spannungsfeld.html
Google Translate will probably deliver a quite usable English version.
Biting the hand that feeds IT
