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That was inevitable. I don't think you can be a foreign company and become "beloved by regulators" in China. (There are some good reasons for China to favor C
by prewett 10y ago
That was inevitable. I don't think you can be a foreign company and become "beloved by regulators" in China.
(There are some good reasons for China to favor Chinese business, but it would be nice if they were honest and acknowledged that, instead of pretending like everything is fair when it's not.)
- M_Grey 10y agoAgreed on all points, but the inevitability makes the years dropping of a billion USD seem even more insane.