… A decade ago, European regulators gave a Chinese appliance manufacturer, Midea, the green light to acquire Kuka, one of Germany’s leading robotics companies … Today … the number of robot installations in German factories is forecast to fall for the third straight year, while China’s rollout intensifies, according to the International Federation of Robotics, a trade group.

This pattern can be observed in all industries. China acquires a foreign company, copies everything. Then the country shuts down the foreign entity and moves production to China to create leverage for whatever political or economic gain it deems appropriate.

Nexperia almost was such a case, too, but the Dutch government could prevent it. We must stop thinking that China is a reliable partner.