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Sure. There are tons. Starbucks is everywhere, KFC, McDonalds, Walmart is doing okay along with Carrefour. Apple ofcourse is completely crushing the phone marke
by optforfon 10y ago
Sure. There are tons. Starbucks is everywhere, KFC, McDonalds, Walmart is doing okay along with Carrefour. Apple ofcourse is completely crushing the phone market (and it's not just so they can employ a few factories of manual laborers) Car comapnies do just fine. I'm sure there is a ton of industrial espionage and technology transfer from government to local companies (hard to explain some advances otherwise.. ), but articles screaming about Chinese protectionism mostly stink of "bad sportsmanship". Some of these companies just blew it (Uber and Ebay) or they're social media platforms. The reality is that the government wants control over the media and what 99% of people hear and read. So platforms like Facebook or Google (with their vague moral obligation about not being "evil") make them very nervous. I talked to a Malaysia Chinese guy who supported the censorship and he explained it this way. In the third world (esp if you look at the middle east) there is a huge problem of misinformation and hysteria. People eat up all sorts of conspiracy theories and factoids gets spun out of control and can't get contained. In a country with lots of superstitions like China that's almost doubly worrying. So the government seems it in it's interest to control that kind feedback loop (obviously in part to keep itself in power... you could see some local protest about some minor issue blowing up into a national protest) So in general once some social media platform seems to get a critical mass it gets either brought down a peg or brought into the fold somehow (like Tencent buying League of Legend and some Android game)
I'm not condoning their policies, but they have their own internal consistency that's a little more nuanced then just "fuck the foreigner companies"
- walrus01 10y agoCar companies do fine in weird ways: Buick is a super luxury prestigious brand in mainland China because 100 years ago, some of the first cars imported were Buicks... In the USA it's seen as your grandfather's land yacht.
- sushid 10y agoIt's also because companies can completely rebrand themselves when they go abroad (as do humans sometimes, go figure). PBR is sold as a premium beer brand in China, and in Korea, VWs are considered luxurious. Pretty ironic, seeing as it's name literally means people's car in German.