, Columnist
Behind the Myth of China's Great Technology Grab
The issue of forced transfers is overstated. Carmakers know how to safeguard their most advanced know-how.
Following the leaders isn't as easy as it might look.
Photographer: Nelson Ching/Bloomberg
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For all the concern over China’s targeting of foreign intellectual property, how much forced transfer of leading-edge technology has really happened?
By the looks of the Chinese auto industry, hardly any. If there has been, then Beijing has precious little to show for it in a market of 25 million cars a year.