When Chinese Industrial Espionage Goes Wrong

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  • เผยแพร่เมื่อ 20 ก.ย. 2024

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  • @business
    @business  ปีที่แล้ว +31

    Interested in more stories of espionage? 🕵Watch 'Intrigue in Copenhagen': th-cam.com/video/0xlq4WSpUH8/w-d-xo.html

    • @BrettonFerguson
      @BrettonFerguson 8 หลายเดือนก่อน

      @0:19 That is more than $4000 in the briefcase. This suitcase looks like it has around $500,000. if they are $100 bills. If they are $20 bills then it has around $50,000.

    • @kittysplode
      @kittysplode 8 หลายเดือนก่อน +1

      do you not understand volume leveling

    • @fuckunitaezombiesofdoom
      @fuckunitaezombiesofdoom 7 หลายเดือนก่อน

      YES PLS!!! XI JIN PING SUXX

    • @JJONNYREPP
      @JJONNYREPP 7 หลายเดือนก่อน

      When Chinese Industrial Espionage Goes Wrong. 14.2.24. 4000dollars isn't a lot of money.....

    • @KatyYoder-cq1kc
      @KatyYoder-cq1kc หลายเดือนก่อน +1

      NOW on LIFE SUPPORT, please HELP. I have had non stop harassment, CHEMICAL POISONING, AND MALICIOUS USE OF AI, threats and physical and emotional abuse for over 3 years from secret societies, US, KOREA, CHINA, RUSSIA AND IRAN: WOKE CLERGY, ARMY, NEO NAZIS, terrorists and communists. GO AWAY. Stop malicious use of AI. Restraining Order Permanently

  • @kenmackenzie5766
    @kenmackenzie5766 ปีที่แล้ว +2818

    I work for a German company and have sold many of our products into China. There are now so many copy cat units that sell for less than we can make them for. I confronted one such copy cat company at an exhibition. The attitude was that we should be proud that our products were copied and not our competitors! They even copied our marketing, model names and technical specifications. There really is no shame!

    • @samuelgold394
      @samuelgold394 ปีที่แล้ว +36

      Out of curiosity, what industry do you work within?

    • @kenmackenzie5766
      @kenmackenzie5766 ปีที่แล้ว +275

      @@samuelgold394 we make temperature control equipment that is used in the pharmaceutical and chemical industries among others

    • @geronimo5537
      @geronimo5537 ปีที่แล้ว

      Just one of the thousands of companies learning this lesson. China steals all designs and turns it around for self profit. Yet companies keep pouring over expecting better.

    • @cvspvr
      @cvspvr ปีที่แล้ว +28

      have they managed to replicate the famous german engineering though?

    • @couttsw
      @couttsw ปีที่แล้ว +224

      The shame is that your company thought they could save a buck by manufacturing overseas instead of at home. No such thing as buy German anymore.

  • @sunnindawg
    @sunnindawg ปีที่แล้ว +1084

    I used to work for a small Japanese company. I asked the CEO why we don't have an office in China? He said they steal everything, even the office chairs disappear.

    • @animeweng
      @animeweng ปีที่แล้ว

      Every one steals from everyone. Apple sued Samsung for stealing design of the iphone. A Korean company accused off stealing design from an American company. Steve Jobs stole from Xerox the GUI display of a computer.

    • @fgdfhdhjd7776
      @fgdfhdhjd7776 ปีที่แล้ว

      He is so kind and cute, he did not even know nowadays Chinese people are talking about killing all Americans and Japanese!

    • @jeffjohnson5053
      @jeffjohnson5053 ปีที่แล้ว

      Don't hire chinese from china. Problem solved!!

    • @anhvu4211
      @anhvu4211 10 หลายเดือนก่อน +32

      sounds true lol

    • @martinsreel
      @martinsreel 9 หลายเดือนก่อน +36

      I can tell you what's worse, the company can lose everything just because government say so. Intellectual property is not a thing there.

  • @ScottsSynthStuff
    @ScottsSynthStuff ปีที่แล้ว +1897

    My company learned the hard way: if you hire a factory in China to produce your product, they will create the tooling and start manufacturing your product. However, they will also run night shifts with different staff, using the same tooling (and firmware, and intellectual property) that you paid for, but they use it to manufacture knock-offs of your product - at the same factory, using the same tooling! They will then sell those knock-off copies of your product at a much lower price, freely and brazenly using your stolen firmware and IP. Apparently this is an extremely common practice there.

    • @onlythebest3311
      @onlythebest3311 ปีที่แล้ว +111

      Were your company heads born yesterday? This being going on since manufacturing moved to China 2 decades ago, everyone knows. It’s very easily mitigated, the brand names have strict control over the factories and they don’t care as the knockoffs will never be able to use their package or the same trademark and sell in US. The startups can have different parts built in different places and assembled by a third party, and/or have local supervision. Most of the brands all get their products from the same oem factory anyway and just slap their label on it.

    • @JumpingWatermelons
      @JumpingWatermelons ปีที่แล้ว +86

      Dude that practice is well known, your company are fools. If they wanted to attempt to control the product, they need to control the factory themselves and have it staffed. And that's just to prevent the overproduction for sale and stealing of inventory.

    • @MusikCassette
      @MusikCassette ปีที่แล้ว +15

      I would say: Trade secrets are the problem in the first place.

    • @nicoz4122
      @nicoz4122 ปีที่แล้ว +65

      My last company in China did exactly the same ! They hired many OEM to produce their machinery. Needless to say that after roughly 2 years, the Chinese market was flooded with copycats of our machinery and 50 to 70% cheaper. Our market share dropped significatly and the subsidiary in China went bankrupt (and I lost my job)... The funny (?) thing is that when we found out that one of our Chinese technical director was stealing equipment, tools, consumables from us and we fired him, 2 weeks after it turned out that in parallel he had his own company and he was producing our same machinery.... Brilliant !

    • @geronimo5537
      @geronimo5537 ปีที่แล้ว

      All companies see is profit in China. Yet ignore all the setbacks and what people tell them is happening. Then they get surprised when they get scammed or their copyright is violated that china doesnt care about. lol

  • @w3vjp568
    @w3vjp568 ปีที่แล้ว +866

    The theft taking place from our university system is staggering, too.

    • @maddog2314
      @maddog2314 ปีที่แล้ว +83

      Yeah seriously. Like the head of the Harvard chemistry department who got busted around 2019 for thousand talents stuff.

    • @varunemani
      @varunemani ปีที่แล้ว +15

      What ever it takes for her to make the 'CCP Dream' retirment plan a reality!

    • @boulderbash19700209
      @boulderbash19700209 ปีที่แล้ว

      Most of the west technologies nowadays are in the private companies proprietary.

    • @trent11ify
      @trent11ify ปีที่แล้ว +1

      Assume every single Chinese student is a spy who will steal tech and go back as they'll be rewarded with tons of money back home by CCP.

    • @이재명각하만세
      @이재명각하만세 ปีที่แล้ว +3

      yes,chinese thief

  • @roberthaines4221
    @roberthaines4221 ปีที่แล้ว +413

    SO glad to see an example of someone like her, actually getting caught and prosecuted. Too many have evaded detection.

    • @blazedyoda8608
      @blazedyoda8608 ปีที่แล้ว +5

      Its on the us/ the west to find and catch people like her.. if we fail then kudos to them as we have failed/ been out smarted.

    • @furtim1
      @furtim1 9 หลายเดือนก่อน +2

      yeah, like 99.9999% of them get away with it

    • @surters
      @surters 9 หลายเดือนก่อน +4

      But there are no consequences for her sponsors, state or company.

    • @abcdefbcdefg8352
      @abcdefbcdefg8352 9 หลายเดือนก่อน +1

      thats what Coke money gets you

    • @michinwaygook3684
      @michinwaygook3684 8 หลายเดือนก่อน

      She got caught because she is obviously an idiot. Why she would agree to be interrogated is beyond me. She should have asserted her rights, remained silent and asked for a lawyer, but instead she implicated herself. Unfortunately I doubt most criminals in that line of work are as dumb as she was.

  • @herseem
    @herseem ปีที่แล้ว +2290

    The chinese did the same thing with a wave energy generator called Pelamis in Scotland, except they did it a bit more brutally. After a Chinese visit to the factory there was a break-in and a specific laptop was stolen that had all the technical details on. A few months later, a copy-cat wave energy device was shown in China. The irony though is that in the industry, everyone knew that the Pelamis model was a bust and were waiting for them to go bankrupt because it was so unreliable - which they did. So the Chinese stole the detailed plans of one of the worst wave energy devices at the time.

    • @jumpingjohnflash
      @jumpingjohnflash ปีที่แล้ว +199

      There was a New Zealand academic who wrote a book revealing and strongly criticising the CCP's "United Front" and other "patriotic" organisations as being directly controlled catspaws for CCP interests (as are the so-called "Confucius Institutes"). Both her University of Canterbury office and her home were burgled and all her computers and hard drives were stolen.

    • @jtc1947
      @jtc1947 ปีที่แล้ว +71

      Glad that the commie's got RIPPED on that deal! A case of MUCH EGG ON FACE!

    • @Martin-iw1ll
      @Martin-iw1ll ปีที่แล้ว +39

      But it was probably because they were nearly bankrupted that they allowed a Chinese visit to the factory in order to get chinese interest in their project and then potentially get some funding from them

    • @herseem
      @herseem ปีที่แล้ว +42

      @@Martin-iw1ll you could be right there, and the fact that they made a beeline for a specific laptop that happened to contain all the relevant details did cause me to raise am eyebrow at the time. It was almost as if the captain of the ship was trying to get something for himself, knowing the ship was about to sink

    • @deadboltzz5199
      @deadboltzz5199 ปีที่แล้ว +23

      ​@@herseemHe sold china the defected life jacket lol

  • @dznrboy
    @dznrboy ปีที่แล้ว +883

    This happened in Canada with Nortel Networks, the Chinese government stole their tech and used it to build Huawei into the business it is today. So many of the Nortel employees who were also invested in the company lost everything.

    • @bernl178
      @bernl178 ปีที่แล้ว

      And, of course, with our government blessing because our governments in love with China and investment money. But at the end of the day china loves to take the worlds technology, and I do mean take it. Yes, Chinese espionage

    • @nesseihtgnay9419
      @nesseihtgnay9419 ปีที่แล้ว

      I heard about that, too. The chinese always steal

    • @agenthex
      @agenthex ปีที่แล้ว

      This is a commonly held lie in Canada and west in general. What Huawei actually did was hire Nortel Fellow Wen Tong & some colleagues, who were basically responsible for developing much of new Nortel tech (all Nortel was worth at its sale were his patents), by promising him oversight over his own research lab to develop 4g & 5g for Huawei instead. Of course that's not an appealing PR story, so the lowest denom here will continue to parrot the lie about "stealing tech".

    • @ticler
      @ticler ปีที่แล้ว +154

      Worst thing is it was known for a long time but Canada is too cuck to kick them out.

    • @eaglestar2962
      @eaglestar2962 ปีที่แล้ว

      Nortel networks officials were known for lavish partying and corrupt.

  • @gilramsey3518
    @gilramsey3518 ปีที่แล้ว +986

    I used to work for Nortel Networks and long after I left but as I understand it - the Chinese stole all of the designs and specifications for how they made telephone switching equipment then made knock offs that put Nortel out of business. Nortel had a lot of other problems - accounting irregularities and so forth but getting knocked off by the Chinese didn't help.

    • @jlm1567
      @jlm1567 ปีที่แล้ว +60

      Huawei?

    • @m.e.345
      @m.e.345 ปีที่แล้ว

      Kind of like hiring a foreign national to work at the National Microbiology Lab in Winnipeg.. and sending samples back to China.

    • @tonycd2709
      @tonycd2709 ปีที่แล้ว +56

      They did the same thing to Cisco.

    • @gotfan7743
      @gotfan7743 ปีที่แล้ว +78

      @@jlm1567 Yes, Huawei. But Nortel Networks were very negligent when it came to cyber security. If I am right when they came to know Chinese were hacking into their servers/network, it has been said they only changed their passwords.

    • @DennistheMenace2011
      @DennistheMenace2011 ปีที่แล้ว +68

      @@gotfan7743 Yup, stole a bunch of stuff and copied everything right down to the design error on the circuit board!

  • @rawwwrrr4024
    @rawwwrrr4024 ปีที่แล้ว +172

    I have a friend who has a patent on a piece of tech who knows there have been multiple attempts by Chinese rivals to duplicate it. They haven't figured it out completely, yet, but they keep getting closer. He knows it's only a matter of time before they figure it all out. He supports his own product through RMAs, refurb, general repair, and he's seen counterfeits being returned to him for repair work. The units don't work quite as well and the customers want them fixed. He just ships them back, after some R&D of course, and explains that he isn't servicing them since the units aren't his. Crazy stuff.

    • @keithammleter3824
      @keithammleter3824 9 หลายเดือนก่อน +7

      If he has a patent, then why doesn't he take legal action against the importers(s)? That's want patents are for.

    • @scaper12123
      @scaper12123 9 หลายเดือนก่อน +43

      @@keithammleter3824as if China will punish its patent thieves

    • @keithammleter3824
      @keithammleter3824 9 หลายเดือนก่อน +11

      @@scaper12123 ; Oh, I doubt it would ever be allowed to go to court in China. And if it did, they would at most punish some poor scapegoat and allocate someone else to do the cloning. That's why I suggested he just go after the importer(s) in his own country. The market within China is a lost market and nothing can be done about that.
      It is interesting that China even has patents in its own country. One of the basic teachings on communism by Karl Marx is that since each gets his own needs, each contributes as he can, there is no such thing as intellectual property.
      it is very cheeky that China does a lot of business cloning other country's products, yet is becoming the biggest applicant for US and European patents, so we can't clone their stuff.
      Governments such as the US should stand up to China and say ''play the game son, or we will pass a law saying we cannot assign patents to Chinese residents. But they can't upset China, they have borrowed much money from China, and allowed China to get big and powerful. As former Secretary of State Condaleza Rice said, ''how can we hurt our banker?""

    • @NoxUmbrae
      @NoxUmbrae 9 หลายเดือนก่อน

      @@keithammleter3824 The saying is "if you can cheat, cheat"

    • @Alsry1
      @Alsry1 9 หลายเดือนก่อน +1

      Question: did they register a patent in china?
      They have their own patent laws and offices.

  • @jetaddicted
    @jetaddicted ปีที่แล้ว +250

    My father worked in a French nuclear research reactor site, in the seventies, and they caught a Chinese « student » that had special shoe soles, made of a matter that would stick to, and sort of absorb, anything on the ground; dusts, nails, bits and pieces.
    This being France in the seventies, the guy went to hospital first, to treat two broken femurs, before visiting our jails.

    • @JumpingWatermelons
      @JumpingWatermelons ปีที่แล้ว +8

      What would be the purpose of him stealing dust from the floor?

    • @PMA65537
      @PMA65537 ปีที่แล้ว +98

      @@JumpingWatermelons Reveal what materials were present at the site - if this included fuel manufacture it might indicate levels of enrichment being used.

    • @mikemiller659
      @mikemiller659 ปีที่แล้ว +19

      @@JumpingWatermelons Janitor effency

    • @JamesOversteer
      @JamesOversteer ปีที่แล้ว +23

      That’s what should be done now. I assure you they’d stop signing up to ‘talent’ programs then.

    • @kangbule
      @kangbule ปีที่แล้ว +7

      last time i heard this story it was about a researcher in japan

  • @brandonyadon5506
    @brandonyadon5506 ปีที่แล้ว +708

    A briefcase with $4,000? Was it in $1 bills?

    • @julioduan7130
      @julioduan7130 ปีที่แล้ว +51

      4000 USD in cash is not a big amount for Asians.

    • @clydecmcelroy4638
      @clydecmcelroy4638 ปีที่แล้ว +79

      ​@@julioduan7130$4,000 in cash isn't a lot for a briefcase either.

    • @mysb13
      @mysb13 ปีที่แล้ว +42

      I thought it’s 4 million 😂

    • @julioduan7130
      @julioduan7130 ปีที่แล้ว +37

      @G JM They just wanted to prove she was spying using any “evidence” available.

    • @MVTease
      @MVTease ปีที่แล้ว +37

      0:17 “A briefcase containing $4000” isn’t the same as “a briefcase full of bills worth $4000”
      She probably had other documents and personal belongings in there, $4K is only 40 bills which could easily fit inside an envelope

  • @buzzyvideo
    @buzzyvideo ปีที่แล้ว +1079

    I work in tech and unfortunately this is happening far too often from my observation. Often Chinese are willing to take jobs at lower pay, and making them attractive to US employers. Chinese investors then dangle large amounts of cash to attract them. There should be better regulations against this.

    • @frenchcat2910
      @frenchcat2910 ปีที่แล้ว +75

      You can't blame Chinese employees for taking better opportunities elsewhere. The US is hostile to immigrants and is falling behind on developing talent. You cant regulate the consequences of not being competitive.

    • @MaxMustermann-yj1wz
      @MaxMustermann-yj1wz ปีที่แล้ว +16

      What now.
      Nuke em?

    • @lettucesalad3560
      @lettucesalad3560 ปีที่แล้ว

      You don't even know what you're talking about. The US accepts more immigrants than most other countries combined. China only has about 70,000 foreigners living there, and it's nearly impossible to get Chinese citizenship. Plus China kicks out foreigners for no reason at all, there's no legal protections.

    • @franssantos9417
      @franssantos9417 ปีที่แล้ว +70

      @@MaxMustermann-yj1wz Better yet dont drink coke. Kidding aside, US and other countries should slowly bring their manufacturing out of China and to more US friendly countries.

    • @bmer92k86
      @bmer92k86 ปีที่แล้ว +45

      ​@@frenchcat2910 the US should be hostile to immigrants. When a job used to pay 10$ an hour but someone from Mexico or China comes in and offers to do it for 5$ it drives the wages down and that becomes the new market rate. It's not competition it's desperation.

  • @bonalj222
    @bonalj222 ปีที่แล้ว +455

    Kudos to the skilled FBI interrogators. If you get caught in a lie, the futher you writhe, the more the web of deceit binds you.

    • @LarsLarsen77
      @LarsLarsen77 ปีที่แล้ว +3

      They didn't catch them in a lie, they just came out and admitted to taking the information home with them. That's the crime.

    • @JumpingWatermelons
      @JumpingWatermelons ปีที่แล้ว +25

      FBI has an extremely high conviction rate. They get everything they need before they arrest someone. Once you're arrested by them, it's basically over. An old friend of mine was a defense attorney for federal drug cases. I think all he did for those was negotiate plea deals because that the only reasonable option for his clients.

    • @lllllMlllll
      @lllllMlllll ปีที่แล้ว +3

      Where is the skill in this? He had every evidence he needed!!!

    • @bigboat8329
      @bigboat8329 ปีที่แล้ว +5

      I don't think she knew her rights in the United States. She should have just refused to answer questions, invoke her rights, and remain silent.

    • @johndoe-el5ic
      @johndoe-el5ic ปีที่แล้ว

      i heard Chinese jets are making the airforce sweat like cougar in the beginning of top gun

  • @salemengineer2130
    @salemengineer2130 9 หลายเดือนก่อน +36

    I worked for a US company that made engineering software in the mid-80's. We tried to market our software in China. We worked with two large Chinese organizations. Both had been government ministries but both were morphing into large state-owned companies. We had no problems with one of the organizations but the other one ended up copying our software and selling it inside China in competition with us. We found out because some of their Chinese customers contacted us to ask for technical support.

    • @jean-pierresteenberg
      @jean-pierresteenberg 8 หลายเดือนก่อน

      THESE ring wrongs lings dongs are insufferable in real life too

    • @devinrr
      @devinrr 7 หลายเดือนก่อน +1

      @@jean-pierresteenberg bruh what

    • @phil20_20
      @phil20_20 3 หลายเดือนก่อน

      Well, the customers probably knew it too. They just figured you were that gullible for letting your secrets be stolen in the first place. There are plenty of people in my home town here, who think the same way. Thieves are thieves the world over, and autocracies are ruled by thieves.

  • @Lost4llen
    @Lost4llen ปีที่แล้ว +250

    I used to work in one of the largest management consultancy company worldwide (the largest of the 3..) and during the pandemic, as everybody was working from home, they would staff Chinese consultants on EU projects where we had access to confidential documents from the largest banks worldwide. I cannot imagine all the secrets that got stolen this way. This is ridiculous.

    • @eligebrown8998
      @eligebrown8998 ปีที่แล้ว +4

      Thats nuts. Had to be stressfull for sure

    • @--Skip--
      @--Skip-- ปีที่แล้ว +8

      Penny-wise, POUND-FOOLISH! 🤦

    • @torpedohippo8493
      @torpedohippo8493 9 หลายเดือนก่อน +5

      I can't imagine a bigger waste of company money than hiring a consultancy company

    • @AP-do6sv
      @AP-do6sv 8 หลายเดือนก่อน +4

      I am a consultant as well, for the last 3 years 50% of my cases are about helping clients reduce dependency on china. For manufacturing everyone is going to vietnam, indonesia, mexico and so on. For services its India, Mexico and Malaysia

    • @nassernathan
      @nassernathan 8 หลายเดือนก่อน

      Deloitte

  • @cratecruncher6687
    @cratecruncher6687 ปีที่แล้ว +236

    Kind of chilling when one thinks about how difficult it would be to catch someone a little smarter.

    • @glaze_tpf9791
      @glaze_tpf9791 ปีที่แล้ว

      fortunately, Chinese/commies are not very bright

    • @bvbxiong5791
      @bvbxiong5791 ปีที่แล้ว

      plenty of secrets have already escaped the US. and the #1 reason China wants to take over Taiwan is because Taiwan is the #1 chip maker and China wants that technology.

    • @ForburyLion
      @ForburyLion ปีที่แล้ว +9

      Someone a little smarter probably wouldn't do it.

    • @00kt86
      @00kt86 ปีที่แล้ว +5

      I'm impressed with the FBI catching her.

    • @IMBlakeley
      @IMBlakeley ปีที่แล้ว +33

      Someone a little smarter would have clammed up until they had a lawyer in the room.

  • @MithunOnTheNet
    @MithunOnTheNet ปีที่แล้ว +269

    She at least got caught, like the Chinese thieves at SMIC trying to steal TSMC's manufacturing processes. Poor Nortel couldn't and is now dead.

    • @Mauser1965
      @Mauser1965 ปีที่แล้ว +9

      But that's ok. The required "tool" is made in the Netherlands. 🤣

    • @sko1beer
      @sko1beer ปีที่แล้ว +15

      to be fair its the chinese gov own fault the factory is even in taiwan the guy who started TSMC is a man who grew up in hong kong and he was not even that fussy where it was built it was offered to the best bidder

    • @the_retag
      @the_retag ปีที่แล้ว +6

      @@Mauser1965 with german optics

    • @ntabile
      @ntabile ปีที่แล้ว +4

      ​@@the_retag and majority are American investors

  • @georgep9447
    @georgep9447 ปีที่แล้ว +566

    "Stop the chemicals in soda from eroding the cans they are in." Almost as disturbing as the crime.

    • @rushja
      @rushja ปีที่แล้ว +11

      Almost?

    • @georger5558
      @georger5558 ปีที่แล้ว +123

      Sure it sounds scary but water does the same thing to these cans

    • @daveselbow9128
      @daveselbow9128 ปีที่แล้ว +25

      @@georger5558 exactly. the coke degradation will be at a micro-level over time

    • @MadMrMatter
      @MadMrMatter ปีที่แล้ว +1

      You're what weaponized ignorance looks like. You don't know what you're talking about but think you've got it figured out.

    • @thebaker8637
      @thebaker8637 ปีที่แล้ว +92

      Erosion is not corrosion. Water and other liquids tend to *erode* , i.e. mechanically wear off or dissolve, material they slush through, that's how shorelines/river paths change over time and why water gets mineralized/hardened as it seeps through various rocks. It's nothing to do with the acidity/chemical composition of the drink, no new chemicals are created here. The important thing is that when it does happen, you don't really want metal bits floating in your drink, nor do you want the water or coke in this instance to start tasting of aluminum. Incidentally, the exact same thing happens in plastic bottled water, which is one of the many reasons they're meant to be single-use only.
      Now, Coke is also acidic and therefore corrosive to the can, and the same layer helps protect the can from reacting with it. However, completely natural liquids like tomato puree or fruit juice also need the same kind of barrier on a metal can as well if you want the contents to have a long shelf life, Coke being highly processed, way more acidic, and generally bad for your health has nothing to do with it.

  • @noahway13
    @noahway13 ปีที่แล้ว +16

    Vice did a report in China. The business people frankly bragged about stealing on camera. They said "You call it stealing, we call it business."

  • @ninja1antelope
    @ninja1antelope ปีที่แล้ว +41

    In my industry you won’t find a single Chinese national above middle management. In fact at several interviews the first question one was asked was if I was a Chinese national. It’s bad.

    • @Joe60459
      @Joe60459 ปีที่แล้ว +2

      What industry?

    • @ninja1antelope
      @ninja1antelope ปีที่แล้ว +5

      @@Joe60459 research based.

    • @ryanthompson3737
      @ryanthompson3737 ปีที่แล้ว

      And I guarentee people in the EU ask if you've got any connections to any US based companies or government entities and are sure not to promote you to high level positions knowing exactly how much YOU guys like to steal from us. Get into that same field in an allied country and you'll feel like the Chinese people your company is so afraid of.

    • @donturner3239
      @donturner3239 ปีที่แล้ว +17

      The chinese put this on themselves.

  • @youbigtubership
    @youbigtubership ปีที่แล้ว +567

    Overly strict parents make their children learn to be either sneaky or cunning liars. Authoritarian governments make their citizens become the same.

    • @4thought___
      @4thought___ ปีที่แล้ว +2

      Personal responsibility, as an adult?!

    • @boris001000
      @boris001000 ปีที่แล้ว +21

      Proof that cultures are scalable! I've seen a correlation about how family culture impacts government rule.

    • @youbigtubership
      @youbigtubership ปีที่แล้ว +14

      @@boris001000 It's one natural human response to imbalanced power relations. If you're afraid to do sonething while still dependent or not yet disaffected, you'll try to find a way around it without confrontation.

    • @JohnDoe-vy5hh
      @JohnDoe-vy5hh ปีที่แล้ว +6

      Why do American corporations keep hiring these people?

    • @Drew-do9wx
      @Drew-do9wx ปีที่แล้ว +1

      Yes!!!

  • @northamericanintercontinen3207
    @northamericanintercontinen3207 ปีที่แล้ว +342

    If anyone is caught and proven guilty doing this their academic credentials should be revoked and they deported and permanently barred to their countries

    • @stevencasperson6072
      @stevencasperson6072 ปีที่แล้ว +50

      After doing major time in the big house!

    • @northamericanintercontinen3207
      @northamericanintercontinen3207 ปีที่แล้ว +1

      @@stevencasperson6072 amen brother they’re just lining the pockets of the CCP

    • @antithesis2211
      @antithesis2211 ปีที่แล้ว +35

      Deport them, after they spend some time behind bars!!! Spend a minimum of 20 years behind bars!!!

    • @brendonnashca
      @brendonnashca ปีที่แล้ว +16

      Give ''em the chair

    • @geordonworley5618
      @geordonworley5618 ปีที่แล้ว +30

      ​@@brendonnashca Alright, calm down.

  • @loganking1957
    @loganking1957 ปีที่แล้ว +50

    Flee the country with $4000? That’s like attempting a shopping spree at the dollar store with a nickel

    • @mattk8810
      @mattk8810 ปีที่แล้ว +6

      4000 is enough to pay for what you need to get away

    • @varunemani
      @varunemani ปีที่แล้ว +2

      What ever it takes for her to make the 'CCP Dream' retirment plan a reality!

    • @frankryan2505
      @frankryan2505 ปีที่แล้ว

      ​@@mattk8810yeah,4K of travelling money is nothing to be sniffed at.

    • @Sashazur
      @Sashazur ปีที่แล้ว

      You can take up to $10,000 without having to report it. She must not have had more than $4000.

  • @zurielsss
    @zurielsss ปีที่แล้ว +50

    You cannot have Chinese born nationals in any important role with access to sensitive information. Period

  • @steviestone3968
    @steviestone3968 ปีที่แล้ว +332

    We've all heard the stories, read the tales and from friends, colleagues or coworkers. They'll copy or steal the tech and make it themselves and undercut your business. It's expected, the real question is why people continue doing business with chinese companies when there are no legal avenues or ramifications once they are caught.

    • @westrim
      @westrim ปีที่แล้ว +51

      ten reasons:
      $$$$$$$$$$

    • @gomarlins
      @gomarlins ปีที่แล้ว

      Cheap pigs😂

    • @sko1beer
      @sko1beer ปีที่แล้ว +5

      i got 2 billion from the TTP program i sold them the KFC secret recipe

    • @SayAhh
      @SayAhh ปีที่แล้ว

      Two wrongs don't make a right, but how many Wall Street execs have gone to jail stealing from American taxpayers in the last 100 years? And dis anybody at Nestle go to jail for stealing water after their license expired or the limit has passed?

    • @michaelmcclown5593
      @michaelmcclown5593 ปีที่แล้ว +9

      @@antonyjh1234 No not much but they will be sued so they are at least controlled to an extent.

  • @suidowong7222
    @suidowong7222 ปีที่แล้ว +38

    If not millions, there are thousands of Chinese like her abroad.

    • @larkhill2119
      @larkhill2119 ปีที่แล้ว +1

      If she is one in a million there are 1400 just like her in fact.

  • @shubashuba9209
    @shubashuba9209 ปีที่แล้ว +421

    The lesson here is, don't hire foreign nationals from hostile countries in high level positions where sensitive information is stored.

    • @pianobench6319
      @pianobench6319 ปีที่แล้ว +24

      For a coke can liner?

    • @saivamsikrishnaposani7157
      @saivamsikrishnaposani7157 ปีที่แล้ว

      @PianoBench In the future, it can be anything. You should be afraid man because in the future you may invent something and hire a Chinese and then they steal the information and start their own company in China with the help of Chinese government using the stolen information.

    • @nobodyspecial4702
      @nobodyspecial4702 ปีที่แล้ว

      @@pianobench6319 Which China was willing to pay to steal the ability to make.

    • @pianobench6319
      @pianobench6319 ปีที่แล้ว +24

      @@stereomachine somehow I still find it really hard to even worry for the giant soda conglomerate that is coca cola.
      A plastic coke can liner won't make me suddenly switch over to a Chinese brand soda?

    • @MithunOnTheNet
      @MithunOnTheNet ปีที่แล้ว +56

      @@pianobench6319 If it was that easy, why couldn't the Chinese figure it out then?

  • @Acill
    @Acill 9 หลายเดือนก่อน +8

    Why do all these companies insists on doing business with China, hiring Chinese engineers and others time and time again? I have seen first hand in my industry loses from this, and its been devastating.

  • @somewhatblankpaper1423
    @somewhatblankpaper1423 9 หลายเดือนก่อน +20

    Within Chinese culture, it mentions that one should not share his/her skills so that they have something unique to live off. It's obvious because if one discloses the skills, others can replicate and the person will lose his/her values which can threaten his/her survivability. That mentality has persisted, and it truly hinders technological advancement as no one wants to make libraries or share information, even those who are interested in the sciences. The emperors also oppose technological innovations and wouldn't reward anyone for innovating in any field besides finding creative ways of maintaining a stable society.
    Obviously, this goes against the ancient Greek culture which was to promote sharing of information and discussions rather than hiding them.

    • @sankadines
      @sankadines 9 หลายเดือนก่อน +4

      Same thing in India. If I share the knowledge, tomorrow some one from team might be pitted against me. I am in Europe now. I am not afraid to share, but in India I would not share a bit

    • @tyes77
      @tyes77 7 หลายเดือนก่อน +1

      Greek culture promotes sharing of info yet somehow no one knows the recipe they used to make greek fire. Hmm.....

  • @Allin7days
    @Allin7days ปีที่แล้ว +72

    There are tens of thousands of Shannon You working all over the world right now!

    • @Heart2HeartBooks
      @Heart2HeartBooks ปีที่แล้ว

      Did you know that the day Biden was sworn in he had the FBI cease all investigations into Chinese spy's in companies and colleges? Look it up!

    • @ericle7299
      @ericle7299 ปีที่แล้ว

      Hundreds thousands in the West. Even DARPA have several mainland China born Directors thanks to Clinton, Obama, and Biden's bullsh*t "diversity and equality in hiring".

    • @ryanthompson3737
      @ryanthompson3737 ปีที่แล้ว +4

      And some of them are named Adam and are born in Kansas to 2 very white and Christian parents.

    • @ericle7299
      @ericle7299 ปีที่แล้ว

      @@ryanthompson3737
      Diane Feinstein, Eric Swalwell, Hunter Biden, and Mitch Mc Connell.
      The CCP actively recruits those who have access to vital R & D info at those large defense contractors like Northrop, Lockheed, Boeing, Raytheon, and BA

    • @triparadox.c
      @triparadox.c ปีที่แล้ว +4

      fr. why do you think over 1 mil intl. students are from mainland china in US alone?

  • @scroungasworkshop4663
    @scroungasworkshop4663 ปีที่แล้ว +11

    It would make me think twice about hiring anyone that is Chinese which is unfair, but then nothing is fair with the CCP.

    • @Heart2HeartBooks
      @Heart2HeartBooks ปีที่แล้ว

      I don't hire Chinese or blacks anymore. Had too many problems.

    • @موسى_7
      @موسى_7 ปีที่แล้ว

      ​@@Heart2HeartBooks What is your business?

    • @Alblaka
      @Alblaka ปีที่แล้ว

      Ye, that's the crux of it. The thin line between geopolitical discrimination and ethnical discrimination: It's not them being Chinese that gets them discriminated again. It's the fact that there exists a government known to act in bad faith utilizing Chinese ethnicity. It's not fair towards the individual, but it can be reasoned that the fault lies with the Chinese government making their own ethnic group that untrustworthy through their practices.

  • @vik2nes
    @vik2nes ปีที่แล้ว +64

    This is one of the reason why I avoid buying PRC products.

    • @justicedemocrat9357
      @justicedemocrat9357 ปีที่แล้ว +9

      Can you also avoid posting messages on youtube?

    • @goognamgoognw6637
      @goognamgoognw6637 ปีที่แล้ว

      @@justicedemocrat9357 you 50 cent ccp army troll

    • @Phunny
      @Phunny ปีที่แล้ว +4

      @@User-qv4lg One of TH-cam's founders is ethnically Chinese.

    • @tenz9785
      @tenz9785 ปีที่แล้ว +4

      😂 more than 50% of your possession should be made in China. Did you check the tags?

    • @vik2nes
      @vik2nes ปีที่แล้ว +2

      @@justicedemocrat9357 Do you know that Chinese is also an American? Most importantly he is from Taiwan not from PRC.

  • @williamhannas9342
    @williamhannas9342 ปีที่แล้ว +78

    TTP is one of several dozen Chinese "talent" programs, and one of many venues and practices China uses to extract foreign technology without compensation to its owners. Read our Chinese Industrial Espionage (2013) and China's Quest for Foreign Technology (2021) for the full scope. This has been going on for a long time, is hard to detect, and even harder to prosecute, given China's ability to mobilize its fifth column United Front assets in defense of the actors and their practices. But don't demonize Chinese-Americans, who are overwhelmingly solid citizens and embarrassed by Beijing's predatory behavior. The challenge is to work against the problem while keeping one's values and decency.

    • @cv990a4
      @cv990a4 ปีที่แล้ว +3

      Well said.

    • @verti3213
      @verti3213 ปีที่แล้ว +7

      What about Chinese students straight from China? According to common sense Chinese citizens needs to be kept away from important workplaces in order to lower corporate espionage.

    • @jukio02
      @jukio02 ปีที่แล้ว +1

      @@verti3213 US does the same thing with China. They go to Chinese nationalists that are working outside of mainland China, bribe them with money and citizenship, in return they want Chinese secrets. China has already captured many spies in their country. They have sentenced them death for treason.

  • @AnonymousUser27
    @AnonymousUser27 ปีที่แล้ว +9

    "I never shared this with anyone"
    Thats so dumb for someone who stole something

  • @UNgineering
    @UNgineering ปีที่แล้ว +13

    "found a briefcase containing $4000" proceeds to show a briefcase containing about half a million 😆

  • @optimize.
    @optimize. ปีที่แล้ว +50

    This has been going on for decades. Excellent that action is being taken. Better late than never.

    • @pramodmali4569
      @pramodmali4569 ปีที่แล้ว

      But 14years for a drink secret is crazy isn't it?

    • @BingusDingusLingus
      @BingusDingusLingus 9 หลายเดือนก่อน

      The funny part is that something only happened after the big companies in America were affected. Before that they didn’t care, it doesn’t even matter any more apparently

  • @mikasaarela6217
    @mikasaarela6217 ปีที่แล้ว +35

    This happened to the industry I'm working in, to the company I'm working as well. Patenting anything today is a risk because of the Chinese. They have destroyed this great system.

    • @exelenxius5832
      @exelenxius5832 9 หลายเดือนก่อน +6

      Tech espionage happened all the time, 40 years ago people are worried about Japanese tech espionage, 150 years ago people are worried about US tech espionage. As long as technological gap exist tech espionage is just the logical conclusion.

    • @noname-gr9yn
      @noname-gr9yn 8 หลายเดือนก่อน

      @@exelenxius5832 truth that why zhina will prevail

  • @renomont
    @renomont ปีที่แล้ว +9

    I once worked for a consulting company in the early 90s. They wanted to do joint ventures in China. We opened several offices over there and trained their people. They sent many consultants to work in our offices over here. At the end of the day, we trained them, and they ran us off. In retrospect, their quality was lacking.

  • @Leosarebetter
    @Leosarebetter ปีที่แล้ว +250

    She is doing exactly what those types of people do.... when they get caught they plead "I did not do anything" "I dont know" - they play dumb when things dont go their way or if they have ripped you off in a contract.

    • @nicolas2970
      @nicolas2970 ปีที่แล้ว +20

      Like Trump

    • @Slay_No_More
      @Slay_No_More ปีที่แล้ว +23

      ​@@nicolas2970 no

    • @nicolas2970
      @nicolas2970 ปีที่แล้ว +8

      @@Slay_No_More YES

    • @bluevasquez8504
      @bluevasquez8504 ปีที่แล้ว +4

      @@nicolas2970 Sniffing Joe couldn't even tell what his name is

    • @Alblaka
      @Alblaka ปีที่แล้ว +20

      @@bluevasquez8504 The very fact that you think the most suitable defense for Trump's overt criminality is pointing out that his opposing candidate is potentially senile, kinda underlines just how indefensible Trump is.

  • @xjclk
    @xjclk ปีที่แล้ว +53

    Time to disengage and disconnect. That is the only way to de-risk

    • @TojiFushigoroWasTaken
      @TojiFushigoroWasTaken 7 หลายเดือนก่อน

      whats the point anyways... they have aldready surpassed the us

    • @SoulDuckling126
      @SoulDuckling126 6 หลายเดือนก่อน

      ​@@TojiFushigoroWasTakenIn your dream ofc!

  • @SaltyChip
    @SaltyChip ปีที่แล้ว +15

    if only she took some time to learn about the american judicial system and kept her mouth shut when she had obligation to speak to the fbi.

    • @SimonBrisbane
      @SimonBrisbane ปีที่แล้ว +4

      They had the evidence that proved her guilt. There would be no story in that information alone.

  • @KyrieRuwachHosanna
    @KyrieRuwachHosanna ปีที่แล้ว +26

    I read in the news about a childcare centre who spent millions preparing to enter into the China market. They invested time and money and resources into getting the place, marketing, and training a team of teachers. The turning point was Day 1 when none of the teachers came to work. It turned out that they had opened a competing centre just across the road and were simply copying all the techniques / knowledge that were shared.

  • @thomgorman
    @thomgorman 9 หลายเดือนก่อน +2

    At least some parts of the FBI are protecting America and not a rogue political party.

  • @advancetotabletop5328
    @advancetotabletop5328 ปีที่แล้ว +11

    Coke has better security than most tech companies. :D

  • @johnnywadd7960
    @johnnywadd7960 ปีที่แล้ว +13

    Chinese again....

  • @twd9798
    @twd9798 ปีที่แล้ว +155

    I am loving these videos, thanks for the great content Bloomberg!

    • @___beyondhorizon4664
      @___beyondhorizon4664 ปีที่แล้ว +3

      DW English produced high quality documentary on various topics, including the recent report on how social media collecting our data. The title of the documentary is THE BUSINESS OF OUR DATA.

    • @shimeymerih
      @shimeymerih ปีที่แล้ว +4

      Especially the dramatic depiction of $4000 in briefcase 💼.
      They made it look and sound like 4 million. 😂😂

    • @DriQ-qo7tp
      @DriQ-qo7tp ปีที่แล้ว

      Me too!

  • @doctoroctos
    @doctoroctos 9 หลายเดือนก่อน +16

    A lot of people at my company were lured to work for a chinese tech company with salaries at 2x+ their US salary. They were also promised senior level positions at the new chinese company. The new company milked these employees for all the technology secrets and then let them go soon after. The people that left came back to the US company with a bit of shame. The chinese company is seeing rapid growth over the last few years due to the heavy government investment and also from stealing trade secrets.

  • @GSD-
    @GSD- ปีที่แล้ว +43

    Wow, FBI agents who are actually prosecuting real crimes 👏🏼

  • @ashleymarie7452
    @ashleymarie7452 ปีที่แล้ว +32

    Somehow the Chinese seem to have a teensy problem understanding and respecting intellectual rights. It must lose something in the translation. Sort of like, "It's your fault that you left your car parked in your driveway with the keys in it. All I did was drive it away.."

    • @jonathanbuzzard1376
      @jonathanbuzzard1376 ปีที่แล้ว

      Somehow 200 years ago the Americans had *EXACTLY* the same problem understanding and respecting intellectual rights. They were doing it on an industrial scale to Europeans. So meh I find it hilarious that the USA is bitching about it now they are on the receiving end.

    • @nicoz4122
      @nicoz4122 ปีที่แล้ว

      It's a little bit different... Actually, in Chinese markets, IP theft between Chinese companies is something very usual. So, in the local market, the competition is so tense that the Chinese have this thinking that maybe it goes the same everywhere. Add to that since 2016/2017, XJP decided that China will become more reliable on itself and more assertive. This is not an issue in iteself, but the problem lies in the philosophy that: it's ok to steal, to cheat, it's all for the sake of improving motherland...

    • @ashleymarie7452
      @ashleymarie7452 ปีที่แล้ว +2

      @@nicoz4122 Sort of like thinking it's ok to rob banks because it's improving my net worth... Convenient total lapse of ethics.

    • @JamesOversteer
      @JamesOversteer ปีที่แล้ว +2

      They have a problem ‘respecting’ in general, from economically and politically to even culturally.

  • @Janus-fn2uz
    @Janus-fn2uz ปีที่แล้ว +30

    The correct international known term is 'theft' not the ambiguous 'heist' .

  • @koctf3846
    @koctf3846 ปีที่แล้ว +7

    4000 dollars in her briefcase;
    depicted with a case full of 100$ banknotes in the video.
    Great job Bloomberg.

  • @nealrutgerskid
    @nealrutgerskid 9 หลายเดือนก่อน +2

    LoL.. this is how the Chinese phone market grew to the current status.

  • @martinXY
    @martinXY 9 หลายเดือนก่อน +2

    Well, what I have learned from this is I should buy Coke in glass bottles.

  • @ClickLikeAndSubscribe
    @ClickLikeAndSubscribe ปีที่แล้ว +733

    Surprised that PRC even needs to do this given how many foreign companies rushed to bring technology, fabrication know how, and crucially trainings to local personnel in China. It's like delivery on a golden platter.

    • @CYCLONE4499
      @CYCLONE4499 ปีที่แล้ว +102

      Not so much as you would think. The most vital and technologically important patents and designs are kept secret even from the Chinese themselves. All they do is assemble the products. All the chip making and important technology is pre built.

    • @D59hawk
      @D59hawk ปีที่แล้ว

      The west should be discouraging investment and purchasing from China using much higher duties.

    • @DynamicHaze
      @DynamicHaze ปีที่แล้ว +32

      ​@@CYCLONE4499 this right here. A lot of companies rushed in knowing what they were getting into, they figured the benefits outweighed the potential risks.

    • @fleischwolf82
      @fleischwolf82 ปีที่แล้ว +23

      ​@@CYCLONE4499 Maybe the case with big companies (but I doubt when I see eg how many pharma companies have research labs in Shanghai and outsource global manufacturing to WuXi). SMEs have no chance protecting their IP when they operate in China.

    • @polarbearfelly
      @polarbearfelly ปีที่แล้ว

      ​ gv byyhhuv up by iiii rzbi

  • @formxshape
    @formxshape ปีที่แล้ว +4

    The most concerning point is the the coke cans are chemically lined. Yuk.

  • @robertp8152
    @robertp8152 ปีที่แล้ว +25

    This has been happening for decades now. 😢 please take action and uncover these breaches before they happen. The amount of new discoveries from universities too please safeguard our technologies before it's too late.

  • @triadwarfare
    @triadwarfare ปีที่แล้ว +74

    There was an experiment on the Action Lab where he eroded the aluminum of the coke can and all that was left of the eroded portion of the can was a thin layer of plastic that kept the soda from spilling over. I guess that was what they wanted to steal.

    • @vasopel
      @vasopel ปีที่แล้ว +3

      yeah it was probably that.

    • @JonMartinYXD
      @JonMartinYXD ปีที่แล้ว +10

      Yes. That plastic coating is needed for any metal can containing anything acidic, eg. tomato paste.

    • @azeria1
      @azeria1 ปีที่แล้ว +7

      Bruh that's kind of funny could of just done some experiments themselves and figured it out didn't have to steal anything

    • @wat4036
      @wat4036 ปีที่แล้ว

      @@azeria1 it’s China, R&D doesn’t exist to them.

    • @riproar11
      @riproar11 ปีที่แล้ว

      @@azeria1 *could have genius. Oh, so the people who OK'd $100 million on chemical research are idiots too?

  • @ruthc8407
    @ruthc8407 ปีที่แล้ว +3

    Our new multi-cultural nation is going to be so great.

    • @anotherdude6197
      @anotherdude6197 ปีที่แล้ว

      Well time to delete your TH-cam account since it was co-founded by Steve Chen who is an American-born Chinese. Don’t want a multicultural nation? Your first step would be to delete your very TH-cam account if you don’t want to be “multicultural”

  • @lach0125
    @lach0125 9 หลายเดือนก่อน +2

    I understand why everyone is complaining about about China, but look at it this way. 1. People have been stealing copyright and patented material for centuries. 2. The majority of their population still lives below our poverty line. If you were in their shoes you would probably do the same. 3. We are our own worst enemy. We bring our production and know how over to their country and expect them not to learn and reproduce at their own local rate (by any means). 4. Our own laws have such lenient penalties against IP theft that it’s worth the risk.

  • @glennmorris25
    @glennmorris25 ปีที่แล้ว +10

    this story is about incentives, but the world HAS seen it for the last 50 years. China has incentivized our parents and grandparents to make stuff in China, and they traded short term profits for our long term success as a nation. This is one example, but we are 50 years too late.

    • @jamesavilez9504
      @jamesavilez9504 ปีที่แล้ว +4

      Between US corporate greed and indifference, the tremendous efforts made by prior generations have been squandered for CEO's quarterly bonuses.

  • @yashaswisingh8596
    @yashaswisingh8596 ปีที่แล้ว +12

    West is really getting played by the Chinese

    • @skp8748
      @skp8748 ปีที่แล้ว +1

      India is getting played by itself😂

  • @craigkdillon
    @craigkdillon ปีที่แล้ว +22

    I wonder if companies will be less willing to hire Chinese workers?
    I know that if I ran a company that had trade secrets, I would think twice before hiring a Chinese national, or even a naturalized American citizen of Chinese origin.

    • @Yora21
      @Yora21 ปีที่แล้ว

      This has been going on for 20 years. There's nothing new about any of it.

    • @healthyhabits3374
      @healthyhabits3374 11 หลายเดือนก่อน

      In that case the Chinese will say he/she is Asian.

  • @williamnessanbaum7464
    @williamnessanbaum7464 9 หลายเดือนก่อน +1

    I don't understand why this woman started talking. The first and only thing she should have said is "Put me back in the holding cell. I refuse to talk without a lawyer."

  • @H4nmiin
    @H4nmiin ปีที่แล้ว +9

    This has been happening for quite a while, yet so many industries are doing NOTHING.

    • @dingowingo7977
      @dingowingo7977 ปีที่แล้ว

      Well you saw what happened when people pointed out that a certain virus came from China, now think what the reaction would be when you tell those same people that all of Chinese "success/innovation" was actually stolen and not earned?

  • @sajaawatdecor8286
    @sajaawatdecor8286 ปีที่แล้ว +44

    The way he laughs when he says it prevents the coke from erroding the can within.

    • @ronblack7870
      @ronblack7870 ปีที่แล้ว +1

      all cans have a coating inside including all soap cans and anything else. any food in a metal can directly will get a metallic taste.
      and it's almost always based on Bis A resin which is epoxy.

    • @tomcuthbert-sayers1451
      @tomcuthbert-sayers1451 ปีที่แล้ว +1

      @@ronblack7870 @ron black "any food in a metal can directly will get a metallic taste". I get your point, but by this logic its to protect the food from the can -from getting a metallic taste. What the dude said was the very opposite -to protect the can from the sweet delicious COCA~COLA readily available at cheap cheap prices anywhere you get your sustinence.

    • @geronimo5537
      @geronimo5537 ปีที่แล้ว

      Coke has such high acid that it would eat through the metal. Which is why it needs the coating. Yet perfectly fine for people to consume. No wonder there are such dental issues...

  • @jasong3972
    @jasong3972 ปีที่แล้ว +26

    Companies with controlled technologies and universities should be legally obligated to conduct screenings of candidates from countries that pose an espionage threat.

    • @marrrtin
      @marrrtin ปีที่แล้ว +3

      The UK just recently drastically reduced the number of Chinese academics allowed on University research programs for this precise reason.

    • @Heart2HeartBooks
      @Heart2HeartBooks ปีที่แล้ว +1

      Go woke and Go Broke!

    • @Ilovecruise
      @Ilovecruise ปีที่แล้ว

      ISO27001 did require a valid screening before hiring, but oh well it’s not like the HR has the ability to look through a person’s thought and political stand.

  • @425domino
    @425domino ปีที่แล้ว +5

    Well done FBI...

  • @hammerfist8763
    @hammerfist8763 ปีที่แล้ว +1

    Nothing new here. 200 years ago, the US did it to Britain by appropriating their water-powered textile mills and mechanical looms designs.

  • @JIEON.C
    @JIEON.C 9 หลายเดือนก่อน +4

    This happens with korean semiconductor engineers too. Some Samsung engineers been caught with moving their positions to Chinese company with company secrets

  • @KennethGreenCMP
    @KennethGreenCMP ปีที่แล้ว +6

    Meanwhile in the US, we are worried and focused about a book in the library that no one reads. They are focused on building a smart army and we are still stuck on getting along.

  • @richardhack9830
    @richardhack9830 ปีที่แล้ว +9

    I have a Braun KF47/1 coffee maker - made in China. My Philippine wife bought exactly the same coffee maker - made in China, without any brandname on it. She paid less than 1/3 the price I had paid for it in the Netherlands. I guess during daytime these Chinese produce Braun coffee makers and during nighttime they may produce brandless coffee makers, selling these for their own profit...
    The same goes for tools, motorcycle parts etc. etc. Most of it is sold on Internet either brandless or with a Chinese fantasy name.

    • @nicoz4122
      @nicoz4122 ปีที่แล้ว +2

      I lived in China for a decade. I like football shirts. Do you know that on Taobao, their Amazon-like, you can find the real Tshirt, and also the copycat from the same factory which would be much cheaper. Only difference is that it won't have the right clothing label. And it's for all brands: Adidas, Nike, Puma ....

    • @richardhack9830
      @richardhack9830 ปีที่แล้ว +2

      @@nicoz4122 Yep. Buying Chinese brandless products does not automatically imply poor quality. Stanley (hand tools) knows all about it. Tao-Bao is basically intended for the internal Chinese market, outside China a buyer better calls for an intermedeair to get the help he needs.
      Many years ago, Europeans could buy Gillette razor blades in China for a nice price. Procter&Gamble didn't like it - so nowadays according to your IP-identification the prices are adapted to your country. Maybe VPN might help, but I'm not certain about that...

  • @danalawton2986
    @danalawton2986 ปีที่แล้ว +3

    Anyone who knows anything about China know Industrial Espionage is very common... and it is not just secrets of foreign companies, but secrets on any company. Going forward... we should start copying all of their innovations and throw it back in their face.

  • @Suburp212
    @Suburp212 ปีที่แล้ว +5

    Chinese industrial espionage. WHO would have thought!

  • @alap1983
    @alap1983 ปีที่แล้ว +1

    This just proves how Cheap is actually Expensive.

  • @bluerationality
    @bluerationality ปีที่แล้ว +6

    There is also that GE case where it goes into detail on how Chinese spies work

  • @johnbarrett8723
    @johnbarrett8723 ปีที่แล้ว +36

    From what I read about a Canadian that went to China to start a business venture there, there is no word in the Chinese language that is the equivalent to our word "ethical". For the Chinese, and in particular the CCP, success is the only objective. How you do it is irrelevant. Lie, cheat, or steal, as long as you get a leg up on your competition. Greed and domination are the prime motivators.

    • @SL420-
      @SL420- ปีที่แล้ว +13

      Most of what you said is misleading, if not incorrect. The Chinese people understand ethics and morality, they're not racially or ethically or even linguistically incapable of understanding ethics, there's just a tremendous amount of nationalistic and population pressure on people to do the things you mentioned. Test any American under the same pressure and you'll see the same results. It's us and our companies to blame for china's growth. We knew what we were doing empowering them, we just didn't care about the results, but now we do.

    • @Ilovecruise
      @Ilovecruise ปีที่แล้ว +9

      “Ethical” = “道德“ in Chinese, when you are starting a business and talk about CCP, it’s about time you should rethink about its truthfulness.

    • @DoubleZDogg
      @DoubleZDogg ปีที่แล้ว

      Amazing that in the age of 10 second google translate searches, people still believe and spread racial propagandised bullsh*t. "伦理", "道德的", "合乎正道的" all mean ethical... as if one of the first nations to record the Golden Rule (Confucius 500 BCE: Do not impose on others what you do not wish for yourself) doesn't even have a word to describe something so basic.

  • @mohammedm2362
    @mohammedm2362 ปีที่แล้ว +23

    I was told by a chinese teacher that the best form of innovation is taking an existing invention and improving it as opposed to inventing something from scratch. That says a lot about their culture.

    • @karenbondechek
      @karenbondechek ปีที่แล้ว

      As it was done to them historically. Gunpowder was invented in China, but it was the westerners who used it to make ammunition 😂

    • @j.f.christ8421
      @j.f.christ8421 ปีที่แล้ว +1

      Yeah it does. Maybe their way (make a better version) is better than the West, where patents stifle innovation for years. Look at 3D printers, nothing happened until the patents expired, and now it's everywhere.

    • @J-ltb
      @J-ltb 11 หลายเดือนก่อน

      Not everybody, like myself.

    • @somewhatblankpaper1423
      @somewhatblankpaper1423 9 หลายเดือนก่อน

      What the West did with gunpowder, except, maybe not for the better of the world.

    • @hx5525
      @hx5525 9 หลายเดือนก่อน +1

      Not wrong. Dont reinvent the wheel and all.

  • @wcolby
    @wcolby ปีที่แล้ว +1

    It’s a social thing… it’s not polite to talk about but the Chinese have a different standard of class when it comes to business. they’re just supporting their families that’s what they’re doing. They’re supporting their families and helping their community out of poverty but yes they’re stealing other peoples work to do it.

  • @robitybob6820
    @robitybob6820 ปีที่แล้ว +16

    Unfortunately it cast doubt on all Chinese in sensitivity position.

    • @AB-wf8ek
      @AB-wf8ek ปีที่แล้ว

      Should we cast doubt on every White person in a sensitive position everytime a white person does something wrong?

    • @seriouscat2231
      @seriouscat2231 ปีที่แล้ว

      What is a sensitivity position?

  • @hahaha9076
    @hahaha9076 ปีที่แล้ว +6

    Business espionage isn't just a Chinese thing. Americans have done it to each other, and it's just history.

  • @arunsar7893
    @arunsar7893 ปีที่แล้ว +9

    Everything is fair in Love and War. And this is war.

    • @jamesavilez9504
      @jamesavilez9504 ปีที่แล้ว +1

      It is war, and I wish the idiots in charge would act accordingly. Take that any way you want to.

    • @prateekdhingra292
      @prateekdhingra292 ปีที่แล้ว +1

      Exactly. China is waging war against all democracies around world be it US or Europe or India or Japan or Australia

  • @artfulandtricky
    @artfulandtricky ปีที่แล้ว +1

    Thanks Bloomberg. Please do the right thing and continue to shed light

  • @vioseven3799
    @vioseven3799 ปีที่แล้ว +4

    Everyone should know by now that you got to be cautious with any Chinese now days.

  • @bengoacher4455
    @bengoacher4455 ปีที่แล้ว +19

    Can we just appreciate the real crime here was offering $4000 for $120m worth of secrets. I'm not saying I would ever do industrial espionage, but I would be insulted at such a low offer

    • @somnusrain1809
      @somnusrain1809 ปีที่แล้ว +3

      I would slap someone in the face if they offer me that atrocious contract 😂

    • @geraldfrost4710
      @geraldfrost4710 ปีที่แล้ว +4

      If a cop walks up to your window to give you a speeding ticket, and you offer him one dollar to get out of it, you have just insulted the cop.
      Say it was a $100 ticket; one percent is not a reasonable bribe. I'm not sure what a reasonable bribe would be, but it's more than that! For this lady, $1.4 million should be an insult for the same reason.

    • @nenasiek
      @nenasiek ปีที่แล้ว +2

      She was supposed to get shares of the company that were gonna get set up

    • @bullpup1337
      @bullpup1337 ปีที่แล้ว +4

      did you not pay attention? she would have gotten shares in the company!

    • @JumpingWatermelons
      @JumpingWatermelons ปีที่แล้ว +1

      The $4,000 they referred to is just the amount of cash she was carrying when she was arrested. It very well might not have been related to her espionage at all. (perhaps money that came from her normal Coca-Cola income, travel money since she was about to visit China. People take a lot of money/gold/gifts when they leave the US to visit family around the world)

  • @ArthurDentZaphodBeeb
    @ArthurDentZaphodBeeb ปีที่แล้ว +17

    This happened to my friend in the 80s when he was a PhD Elec Engineer developing high-end computer chip technology. His Japanese undergrads systematically stole everything he developed and sent it back near real-time to their employers in Japan. Despite developing cutting-edge technology that would see great market demand, he was surprised nobody was interested as the Japanese were producing almost identical chips (he simply assumed they independently developed their own designs). It wasn't until years later he met one of his undergrads who then admitted they stole his work. It was apparently a standard condition of Japanese companies who funded advanced education overseas to steal any technology possible. In retrospect, my friend was extremely naive to allow his undergrads so much access to his designs. You simply cannot trust the usual suspect foreigners (Chinese/Japanese/Russians/Eastern Europeans/Middle Easterners) with sensitive data. Ever.

    • @alexven92
      @alexven92 ปีที่แล้ว

      Interesting. Surprised the Japanese are on that list. Didn’t know they did IP theft too.

    • @Aneliuse
      @Aneliuse ปีที่แล้ว

      Did he sue? Or take any kind of action?

    • @healthyhabits3374
      @healthyhabits3374 11 หลายเดือนก่อน

      When something wrong happened to a Chinese, he will say he is Asian.

  • @johnmarten4184
    @johnmarten4184 9 หลายเดือนก่อน +3

    The Glacier Bay fixtures at Home Depot are made by a Chinese outfit that stole from MASCO. MASCO wanted a piece of the Chinese market (they do a bit of construction there) and felt it needed to manufacture there. So plants were built, suppliers cultivated, workers trained, managers hired. The local hires were able to set-up a direct competitor using the MASCO supply chain.

  • @philliphartman2381
    @philliphartman2381 9 หลายเดือนก่อน +1

    Remember when people called Trump a racist for confronting Chinese espionage?

  • @kentstansberry9748
    @kentstansberry9748 ปีที่แล้ว +2

    I'll never drink soda out of an aluminum can again.

    • @billedifier8584
      @billedifier8584 ปีที่แล้ว

      Better not to drink it at all, it's just as corrosive whatever the container is!

  • @SP-ny1fk
    @SP-ny1fk ปีที่แล้ว +3

    I know a number of people who went to manufacture their products in China, only to have them copied and released for cheaper in the Western market under a different name. Non-compete clauses mean nothing to these people.

  • @erikm9768
    @erikm9768 11 หลายเดือนก่อน +3

    She didnt really "talk herself into a 14 years sentence" as they already had the evidence so she would have been convicted either way

  • @Slugbunny
    @Slugbunny ปีที่แล้ว +4

    Cooperation with these nations and their nationals is extremely risky. Even more so now with active trade wars. Precautions should be in place, even (maybe especially) academically, not just commercially.

  • @sirsillybilly
    @sirsillybilly ปีที่แล้ว +1

    Picking foreign flowers to make Chinese Honey ~ is the ever poetic Chinese phrase for the TTP.

  • @HeroFinn
    @HeroFinn 8 หลายเดือนก่อน +1

    Why doesn't she have a lawyer with her? Aren't you supposed to have one when being questioned?

  • @wilfredmacdonald8245
    @wilfredmacdonald8245 ปีที่แล้ว +8

    Corruption is the human condition not a characteristic of any race. Many but not all people are are corrupt.

  • @TheRightSide-2
    @TheRightSide-2 ปีที่แล้ว +17

    High quality content. Love it

  • @clothedinsalvation
    @clothedinsalvation ปีที่แล้ว +8

    A briefcase with $4000? What were they all ones?😂

  • @shesh2265
    @shesh2265 ปีที่แล้ว

    Intellectual property rights should be abolished

  • @lukecat3825
    @lukecat3825 9 หลายเดือนก่อน

    Any US company that allows any Chinese person to have access to trade secrets is foolish beyond belief.

  • @JayDog416
    @JayDog416 ปีที่แล้ว +5

    My question out of all of this is how bad that coating is for people’s health..