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Where did you find that Chinese government forbids foreign companies to buy Chinese IP? Market is fair, someone wants to sell, someone has the money to buy, thi
by zhipj 9y ago
Where did you find that Chinese government forbids foreign companies to buy Chinese IP? Market is fair, someone wants to sell, someone has the money to buy, this is how business is done.
- gumby 9y agoThis comment was dead and I vouched for it. I believe (but do not know) that China is more restrictive IRT foreigners and IP but new commenter zhipj is quite reasonable in asking for references, especially for the specific claim.
- badpun 9y agoFair market requires working rule of law, while, from what I've read, even major global corporations (ABB if I remember correctly) can be cheated in Chinese courts for billions. I would not want to invest in IP in a country where my competitor can just sue me, bribe the judge and bankrupt my company.
- avinium 9y agoDomestic acquisitions by foreign companies in any sector worth doing business in require approval by MOFCOM. There's usually a lot of horse-trading that goes on before the formal application to figure out what's kosher to buy, and what's not.