ANALYSIS: China, in many ways, is both an opportunity and a threat. For sure, the country wants to acquire any and all of the cutting edge US companies and technologies that it can. Two local
cases illustrate the point: 1) an ongoing intellectual property lawsuit filed by AMSC (formerly
American Superconductor) after the Devens firm said the Sinovel Wind Group Co. in Beijing
stole some of its wind turbine control system technology; and 2) a more legitimate attempt by Wanxiang to acquire advanced battery technology from A123 Systems. US firms, meanwhile
see China and its already vast – and still-growing – consumer market as a place they need to be
to compete. Here’s one story I did on the topic a few months ago, highlighting operations that Massachusetts companies like Cabot Corp and Thermo Fisher Scientific have built up in China. by Erin Ailworth, Boston Globe 10/23/2012 2:19:07 AM