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Japan is the same, and so is China. Those countries like conglomerates for coporate structures. I'd say the Western equivalent would be a holding company.
by chrischen 10y ago
Japan is the same, and so is China. Those countries like conglomerates for coporate structures.
I'd say the Western equivalent would be a holding company.
- Godel_unicode 10y agoObligatory link to Berkshire Hathaway holdings: https://en.m.wikipedia.org/wiki/List_of_assets_owned_by_Berkshire_Hathaway#Subsidiaries https://en.m.wikipedia.org/wiki/List_of_assets_owned_by_Berk...
- mattnewton 10y agoChina is? My impression was that successful buisinesses there were blessed by the government, as more of a top-down thing. I thought in Korea it was more like if Goldman Sachs was also Apple and GE- enormous influence, and politicians succeeded who were blessed by samsung.