There's another word - mercantilism.

No, they shouldn't, but it'll be the same thing that US tech companies did, more or less.

I think the environment, in terms of IP and patents and running a company, should be made easier in the EU, otherwise there will be no domestic competition. Unfortunately those seem to only become stricter over time.

For China mercantilism works, because of enormous size of their own market, and pretty strong competition inside it with lax rules.