Ghoul
Member
Saw a story on German public TV a while back.
The Chinese used a number of communist party controlled front companies to invest in a number of heavy equipment manufacturers, and all their parts suppliers.
They required that their own engineers be permitted to work at the various companies and TLDR, over several years, without regard for patents protecting the tech, "stole" the entire industrial complex by recreating it in a "blank slate" newly built town in China, sold off their stakes to unwitting investors in Germany, then undercut those companies making them completely uncompetitive, putting them out of business.
Turned out all the acquisitions were coordinated by agents working out of the Chinese embassy.
Essentially practicing a kind of communist totalitarian economic warfare by pretending to practice capitalism, but unchecked by the rules democratic countries (and China) agreed to abide by to prevent the worst excesses.
The Chinese used a number of communist party controlled front companies to invest in a number of heavy equipment manufacturers, and all their parts suppliers.
They required that their own engineers be permitted to work at the various companies and TLDR, over several years, without regard for patents protecting the tech, "stole" the entire industrial complex by recreating it in a "blank slate" newly built town in China, sold off their stakes to unwitting investors in Germany, then undercut those companies making them completely uncompetitive, putting them out of business.
Turned out all the acquisitions were coordinated by agents working out of the Chinese embassy.
Essentially practicing a kind of communist totalitarian economic warfare by pretending to practice capitalism, but unchecked by the rules democratic countries (and China) agreed to abide by to prevent the worst excesses.
