Blackmail? China Considers Forcing Automakers To Trade Secrets For Market Access

not really blackmail... because it's an opportunity loss, not a direct monetary loss they are threatening.

It is an innovative way to harvest the technology you are seeking without stealing it they are so often accused of.

Dude...this is blackmail!! ...to extort something of value (technology aka intellectual property) in a manner where there will be reprisal or repercussion (loss of market share). How can this be "not really blackmail.." ??

lets see... circa wikipedia...

"Blackmail is the act of threatening to reveal substantially true information about a person to the public, a family member, or associates unless a demand is met."

Pretty sure China isn't threatening anybody here. They have a closed border with certain conditions they set up. It's up to everybody else as to whether they want to make that deal or not.

I wouldn't use "wiki" as the definitive source for the definition of Blackmail. What China is trying to do is extortion, which blackmail is a type! If I were an automaker, I would simply not sell any alternative energy vehicles in China if they are that worried about the loss of proprietary technology.

Lets be honest. China, or any other competing entity, will simply buy the vehicle on the open market, take it to a warehouse and reverse engineer it. It happens all the time.

Is it extortion? yes, blackmail however it isn't. But no country is free from extortion over the border, not even the usa.

If I where the owner of that market.....I have other good Ideas on how to get access to industrial technology and they do not need to stole but market their country....Trade...

I dont think the automakers have much of a choice at this point. China's the largest market in the world and if they lose this market their company will be in shambles because if the US is weak their sales will be weak.

I just wonder how much will be given to China. Just bits and pieces or the whole thing.

Why doesn't everyone one in the world just bend over and sell their ass to the Chinese because they are so big and powerfull and we have no choice...I for one would slit my own throat just so I can retain some measure of dignity.

Need4Speed, you are not taking into account that selling in China is optional. A corporation does not NEED to do it.

They're taking control when they have the chance. That's good.

We had a surplus of money no too long ago. We didn't take care of that. NOW we're trying to take control. That's NOT good.

The US could do something similar and extort TV tech from Japan and Korea for the privilege of selling here. Then maybe the US could build a TV again (for awhile anyway).

Stop buying things from CHINA, simple and easy. (Or can we?)

Too many things are made over there and sold here for that to be feasible.

just leave China if they are given tech they will just through all the automakers out when they can make thier own cars and sell it to the world. They should leave now instead of selling themselves up the river for short term profit.

Exactly.

When everything is under control, people can do whatever they want.Like US, when American are short of money, just print it, very simple.

Anyone who knows a bit about China or has a bit economic knowledge will treat this article as an after-work joke. How could the people simply believe this???? During the economy crsis, people are getting crazy. Medias are creating as many rumours as possible agianst certain countries. Government uses whatever dirty tricks they want to threathen the others. The rumours are becoming more and more ridiculou and non-sense to heal someone's psychological pain and discomfort. However what are the benefits to us? Nothing. We never learn from the lessens and pass all the responsibilies to someone else. Sadly, this is our country.

And what do you base this on?

Are you racist? I'm Chinese.