You don’t need to compete with it. The chinese dictatorship model (like Soviet union before it) will collapse within time. One man decision making and the need to save face means it is incapable of making quick responses to changing environments. State owned model means there are tons of inefficient companies making inefficient investment decisions. Oppression means it will force others against it.
Thus China currently has a 400% debt to gdp, private firms defaulting and failing while state firms hoards and makes inefficient investments, most of the free world economies aligning against China, more than 1/3 of rich people in China wants to/ are in the process of leaving, etc
Hmm. Italy allies with an evil dictatorship that has a concentration camps for millions of minorities, and prosecutes religion by shutting down churches and jailing pastors. Sounds familiar...
> Tesla alleges former employee Guangzhi Cao, who worked on the company’s Autopilot driver assistance feature, stole source code before abruptly quitting in January and taking a job XPeng. Tesla refers to the company as XMotors in its complaint.
Why companies are still using engineers from China to work on trade secrets is beyond me. Even if they start off clean, they can be easily persuaded to steal by the Chinese companies or government.