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“Imitation is the mother of creation,” as they say, so it’s commonplace for companies to copy each other and end up in lawsuits.

Didn’t Seosung Electronics, for example, engage in a monuntal legal battle with Npple over smartphone design and technology patents?

But if it was just seeing and copying, this is simply copy-paste.

While companies in other countries might do similar things, it’s no exaggeration to say that China is the only country that engages in such behavior at the national level. If any other nation dared to do the sa, they would have long been ostracized by the international community.

Autonomous driving technology and battery technology are deeply intertwined with China’s national interests. If we remain passive, they will continue to engage in similar acts without hesitation.

The faces of the two n stiffened as if they hadn’t expected to say such things.

After a mont of silence, Minister Li Xuewei opened his mouth.

“What exactly are you implying?”

“If you didn’t understand, shall I say it again? Zhou Auto copied CarOS’s technology.”

Vice-Chairman Wang Yichang spoke as if in anger.

“On what grounds are you making such accusations?”

“The grounds are Zhou Auto’s own JW8, wouldn’t you say? Just comparing a few lines of code will reveal what they’ve copied.”

“What?”

His face slightly contorted at my words.

Minister Li Xuewei shook his head and said,

“Mr. Kang, it seems you are mistaken about sothing.”

“It’s not a misunderstanding, but the truth. If you apologize and compensate now, we will not pursue the matter further. Even this is a significant concession from our side.”

“Are you saying that Chinese companies are thieves?”

“If using soone else’s stolen technology is theft, then yes, it’s theft. Patent infringent by Chinese companies is nothing new, but this is a bit much, isn’t it?”

Then, Minister Li Xuewei retorted as if shouting,

“You should watch your words! Even the South Korean President wouldn’t dare to speak like that!”

Indeed, who would dare to speak carelessly to the Minister of Comrce who wields imnse power over the vast Chinese market?

It’s only because it’s that I’m saying this.

“The Tang Dynasty Chancellor Feng Dao once said, ‘Guhwajimun Seolchamshindo.'”

It ans ‘The mouth is the gate of misfortune, and the tongue is the sword that cuts the body.’ In short, he was telling to watch my mouth?

I countered his words.

“Since you’re ntioning Chinese proverbs, sothing cos to mind for too. A famous robber from the Spring and Autumn period nad Do Cheok once said, ‘Even robbers have a code of conduct.'”

I wondered if he understood it as aning even thieves who steal from others have a minimum level of ethics, or if he took it as, ‘Who does this robber think he is, spouting nonsense?’

Minister Li Xuewei abruptly stood up from his seat.

“There’s no need for further discussion. I will not forget today’s events.”

With that, he stord out of the hotel room.

Vice-Chairman Wang Yichang also rose from his seat. He spoke as if grinding his teeth.

“You will regret today’s events.”

I smiled and calmly replied,

“We’ll see who ends up regretting it.”

***

From Macau, I headed straight to Washington D.C. and joined up with Taekgyu there.

“How did the talks go?”

“Not at all.”

Taekgyu nodded as if he expected it.

“See? If they were the kind of people you could reason with, they wouldn’t have done sothing like that in the first place.”

“Well, at least we gave them a chance.”

I called Daryl and gave him instructions.

Following Zhou Auto’s autonomous vehicle announcent, China was in a state of euphoria.

Chinese dia outlets reported the news daily, praising it endlessly, and the Chinese governnt announced deregulation, related law revisions, and administrative support.

Professors at national universities, commissioned by the governnt, poured out rosy predictions, saying that China would lead the future car industry and create 100,000 new jobs.

– Our technology level in China is this high!

– Now China is also leading in cutting-edge fields.

– I am proud that Zhou Auto is a Chinese company.

– It’s absurd that CarOS, which has only launched two car models, has a market cap of $200 billion. Once Zhou Auto starts mass production, they can easily overtake CarOS.

– Zhou Auto, fighting!

– Let’s show the power of the mainland!

But then CarOS threw cold water on this enthusiasm.

“Zhou Auto’s autonomous vehicle is suspected of copying CarOS’s technology. We urge the imdiate suspension of sales of relevant vehicle models and an investigation.”

This announcent shocked people, and Zhou Auto’s stock price, which had been rising since the autonomous vehicle announcent, plumted by 8 percent.

Zhou Auto imdiately issued a rebuttal. Peng Yulan, head of the developnt team and chief technology officer, did not hide his displeasure.

“Zhou Auto’s autonomous vehicle is our own technology developed jointly with Baidu and WeChat. Just because CarOS launched first, does that an other companies shouldn’t develop autonomous driving technology? CarOS should take responsibility for their baseless remarks.”

People’s Daily, Huanqiu Shibao, CCTV, and other dia outlets deliberately criticized CarOS’s statent. However, instead of directly criticizing the Arican company CarOS, they subtly shifted the bla to Kang Jin-hoo.

Experts spoke in sharp tones.

“Kang Jin-hoo is disregarding Chinese technology!”

“He’s not an entrepreneur, but an investor. To be precise, he should be seen as a speculator.”

“He slls money and is clearly trying to extort money from Chinese companies by talking about patent infringent.”

“We must not succumb to such speculative behavior.”

“The Party and the people must unite and respond strongly!”

Chinese netizens were incensed.

– Kang Jin-hoo insulted China!

– Unbelievable. There’s a limit to how much you can look down on a great nation.

– Zhou Auto’s autonomous vehicle is pure Chinese technology jointly developed with Baidu and WeChat!

– Seosung Electronics itself used to copy Nokia in the past, and now they are copying Npple, aren’t they? Korea is the original source of Shanzhai (counterfeit goods).

– Chinese people suffer in life to maintain face even after death. But Kang Jin-hoo has completely ruined our face!

– Boycott all Korean products.

– From today, I’m cutting off all Korean dramas, movies, and variety shows.

– Let’s not go to Korea, and let’s not use Korean products!

– Ban all celebrities belonging to EDM Entertainnt from Chinese broadcasts, and ban the import of movies and dramas invested in by EDM Entertainnt!

– Let’s show them what happens when you insult China!

Retaliation was imdiate.

Pictures of people smashing Eunseong Motors cars and Seosung Electronics smartphones and TVs were uploaded online, and protests continued in front of Litemart stores.

Korean companies with large sales in China were thrown into chaos. Eunseong Motors and Seosung Electronics were effectively completely shut down in China.

The Chinese governnt effectively banned Korean package tours, and the tourism industry, hotels, and duty-free shops, which heavily relied on Youker (Chinese tourists), suffered a major blow. The damage to Ceylon Hotel was also severe.

As China openly engaged in retaliation, dissatisfaction erupted across the political spectrum in South Korea.

Lee Jung-hye, a mber of the Liberty National Party, brought up the losses of Korean companies and loudly demanded that Kang Jin-hoo imdiately apologize.

Taekgyu said in disbelief,

“Whose side is that interference expert on anyway?”

“…”

At least not on my side.

I received a call from Chairman Im Jin-yong.

[Is it true that Zhou Auto stole CarOS’s technology?]

“Yes. That’s for sure.”

He sighed and said,

[Then this is no ordinary matter. Still, CarOS’s announcent was too hasty. Don’t you know what kind of country China is?]

“That’s why I did it. We can’t just let sothing like this slide.”

From my words, Chairman Im Jin-yong seed to sense sothing.

[Do you have a solution?]

“Please trust and wait a little longer.”

[Alright.]

I hung up the phone.

International relations are like the mafia world, where the logic of power is absolute. Punching people for no reason will ruin your reputation, but China isn’t a country that cares about such things.

In the end, the powerless just have to get beaten unilaterally. So, what’s the best course of action now?

Taekgyu grinned and said,

“We just need to bring in a big, tough guy who’s good at fighting.”

I nodded.

“Exactly.”

And I happen to be quite friendly with a big, tough guy.

***

Ronald Stamper.

A self-made man who rose from a real estate businessman to beco the President of the United States without any prior public office experience.

When he was first elected president, the whole world was shocked, and all experts expressed serious concerns.

But what about now, a year and a half after his inauguration?

Surprisingly, Ronald has beco the greatest president in Arican history. In a recent poll, he even surpassed Washington, Lincoln, Kennedy, and others to take first place.

The reason, of course, is the Big One.

The Big One is the largest disaster to ever occur on the U.S. mainland. The 9/11 terrorist attacks pale in comparison.

If Ronald hadn’t prepared in advance against everyone’s opposition, the United States would have faced the worst catastrophe imaginable.

But the United States successfully overca the disaster, proving to the world why it is the world’s strongest superpower.

We t outside the White House, not inside.

Ronald greeted Taekgyu and with a hearty laugh and a warm welco.

“Hahaha! Welco, co in!”

“It’s been a while, Mr. President.”

He pulled into a tight hug, almost suffocating .

“I know this friend is a busy man, but it’s hard to see his face.”

“You’ve been very busy, Mr. President.”

After greetings, we sat down.

“By the way, I heard you recently t with the Chinese Minister of Comrce. What’s the matter this ti? Is it really true that Zhou Auto copied CarOS’s technology?”

“Yes.”

I summarized the situation so far and told him everything.

Ronald’s expression beca serious as he listened.

“As you know, Chinese companies have been eroding our manufacturing competitiveness by infringing on patents all this ti.”

In fact, Ronald had been consistently pointing out this issue since his campaign days. However, he had been too busy dealing with the aftermath of the Big One to address it.

I nodded.

“It’s safe to say that all companies operating joint ventures in China are having their technology stolen.”

However, they can’t give up the Chinese market. In the end, they are reluctantly tolerating patent infringent.

The Chinese governnt and Chinese companies are well aware of this fact and have beco even more blatant in their actions.

In the past, there was a clear division of roles between the U.S. and China.

The U.S. produced high-value-added goods, and China produced low-value-added goods. Chinese-made toys, clothing, shoes, etc., flooded the U.S. market.

China beca the world’s factory, exporting to the world and earning vast amounts of dollars.

The U.S. also had nothing to lose. The U.S. also gained a huge market, and new opportunities opened up for U.S. companies.

Thanks to this, the U.S. was able to achieve both growth and price stability from the dot-com bubble to before the global financial crisis.

But recently, Chinese companies are rapidly advancing into high-tech industries. They have beco prominent not only in automobiles, ships, and aircraft, but also in the IT sector.

U.S. companies have produced countless technologies and patents, including smartphones, system semiconductors, autonomous driving, and electric vehicles.

However, Chinese companies are simply following what other companies are already doing. The number of copied business models is countless.

Baidu is imitating Gooble, Weibo is imitating Facenote, Alipay is imitating AMZ or Abebay, and Xiaomi is imitating Npple or Seosung Electronics.

Moreover, these companies did not compete fairly, but grew thanks to the support of the Chinese governnt and the sanctions against foreign companies. And with the technological prowess and capital they have accumulated in this way, they are now pushing out U.S. companies not only in China but also in the global market.

How can they sell smartphones with similar performance at less than half the price?

Of course, Xiaomi’s profit margin is low, but a bigger reason is that they do not properly pay patent royalties and spend less on developnt costs.

Global companies pour huge amounts of money into R&D every year. But Chinese companies don’t need to.

Because they can just copy.

The absurd fact is that they grow in size in this way, and then start buying patents, acquiring companies, and developing technology.

First, they copy and steal to grow as quickly as possible. And once they grow in scale, they buy what they need with money.

It’s an obvious tactic, but it’s unavoidable even knowing it. As long as they have the Chinese governnt backing them, it’s been an unfair ga from the start.

Ronald folded his arms and said,

“Of course, they will deny it. Do you have solid evidence to prove your claims?”

“Yes. We found sothing important while looking for the technology leak route.”

Taekgyu handed over what he had brought.

“What is this?”

“It’s a board taken from a server made by SuperNano. A spy chip, too small to see with the naked eye, was embedded in the board. According to experts, this chip makes it possible to send data to other locations without going through normal processes, or to access it from the outside.”

Ronald’s eyes lit up at my words.

“Really?”

I continued,

“There are many companies and governnt offices using these servers now. If we investigate those places, we will find more.”

Then we can make this an international issue.

You are reading An Investor Who Sees The Future Chapter 271 on novel69. Use the chapter navigation above or below to continue reading the latest translated chapters.
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