3 ms·

Exactly. Sooner or later alibaba is just gonna be another Chinese governments pawn anyways. The government already took over Wanda and hna effortlessly.

• justaman 8y ago
  I can't imagine a better way to ensure the business suffers in the long term. (coming from an American who see's how poorly run government institutions are)
  • metalliqaz 8y ago
    Yes but it some respects you're comparing apples to oranges. The US political system is perpetually focused on the short term because of the ~4 year election cycle. China has a president for life and single-party rule. They are able to make and execute long term plans, which is why they are currently succeeding at reshaping the global trade landscape. (all roads lead to China, and all that) It's not just that the government takes over management of the companies, they also manage the population. Where in the US consumers may choose to avoid an entity being mismanaged by the government, in China they may not exactly have that option.
    • influx 8y ago
      So if China is long term going to be the end all be all, why are the Chinese elite doing everything in their power to get their cash and kids out of the country?
      • emodendroket 8y ago
        If the United States' economy is so good, why are the its elites doing everything they can to shovel their money to the Cayman Islands? It's the same thing really.
  • emodendroket 8y ago
    Looking at the runaway success of China on the world stage I'd say one probably needs to marshal arguments other than "the businesses will fail because of government involvement."