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At the same time, there is a similar smell of unfairness. Chineese companies a free to invest in the west, but western companies aren't free to invest in China.
by timthelion 10y ago
At the same time, there is a similar smell of unfairness. Chineese companies a free to invest in the west, but western companies aren't free to invest in China. China is like "we're all for free trade, but no, Google can't buy Baidu" or whatever.
- dforrestwilson1 10y agoFirms in China also have massive state subsidies due to currency controls and bank funding requirements. In the 1980s Japan went on an international buying spree only to see its economy crash in the late 80s/90s. Eventually even government supported economies crash, and when that happens Chinese companies may regret being so aggressively acquisitive.
- jza00425 10y agoIf Google buy Baidu, I am sure there will be another Chinese company which will buy Google. Are u OK with that?