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that's because people in america generally do not trust chinese companies. however, through a series of investments they still reach a large audience. one exa
by beachstartup 10y ago
that's because people in america generally do not trust chinese companies. however, through a series of investments they still reach a large audience.
one example off the top of my head:
https://en.wikipedia.org/wiki/Riot_Games https://en.wikipedia.org/wiki/Riot_Games
their giant shiny new office is right here in west LA, but they're owned by tencent in china.
- chrisabrams 10y agoTrue. Tencent probably doesn't invest in Riot if LoL wasn't popular in China.
- morgante 10y agoI feel like that almost proves my point: the Chinese government is very reluctant to allow foreign companies to own a majority of any dominant technology in China, while the inverse is simply never even discussed.
- beachstartup 10y agoi'm not disagreeing with you.
- khuey 10y agoAustralia recently blocked a proposal to sell the largest power grid in the country to a Chinese bidder. Describing the Chinese reaction as hypocritcal would be charitable. http://www.bloomberg.com/news/articles/2016-08-17/china-calls-australia-protectionist-for-blocking-ausgrid-bid-irynga37 http://www.bloomberg.com/news/articles/2016-08-17/china-call...
- ting_bu_dung 10y agoSo I can't own or invest in a small internet company in China, yet Australia is protectionist when it wont sell critical infrastructure...
- walrus01 10y agoThe Canadian feds blocked the sale of AllStream (formerly AT&T Canada), a dark fiber, WDM transport and IP network ISP to an Egyptian company on national security grounds. Likely because AllStream has a shitload of contracts for backbone links into federal government facilities. So instead they sold it to Zayo, the US telecom giant. At least from an ISP industry insider perspective Zayo is trustworthy and has the precedent of providing some 'critical' circuits for different US federal agencies. http://www.cbc.ca/news/canada/manitoba/allstream-sale-to-accelero-rejected-over-national-security-1.1929191 http://www.cbc.ca/news/canada/manitoba/allstream-sale-to-acc...