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Could you please give an example of what company the US tried to buy but got turned down?
by fanssex 8y ago
Could you please give an example of what company the US tried to buy but got turned down?
- Sangermaine 8y agoAll of them. Currently there are severe restrictions on foreign ownership of Chinese ventures, though the restrictions vary by sector and this year some of the restrictions in some sectors have been eased up a little.
- throwbacktictac 8y agoYahoo/Oath owned/owns a significant chunk of Alibaba.
- asdsa5325 8y agoAlibaba is traded on the NYSE.
- njarboe 8y agoIt is not just buying a Chinese company that is forbidden, but foreign companies cannot build a factory for production in China without creating a company that is majority Chinese owned that owns the factory. No possibility for trade secrets. All your tech will be learned and transferred to China.