Scorecard:
For granting permission to continue to do business, China gets tech companies' intellectual capital transfer, storage of Chinese-related data in country
, agreement to provide access to customer information to Chinese authorities. All despite declining opportunities and market share vis a vis Chinese competitors.
For agreeing to those terms, US tech executives get lecture - and photo opp with Chinese President. JL
Richard Waters and Geoff Dyer report in the Financial Times:
Calling tech leaders to Seattle, along with other chief executives from a
wider range of industries for a meeting was seen as
a demonstration of the importance to US companies of access to Chinese
markets