5 ms·

China still hasn't pulled out the boycott card like they have recently done to both Korean and Japanese companies for perceived slights. A lot of F500 companies

• adventured 8y ago
  That's because China would be largely punching itself in the face at the same time. One of the unexpected benefits of China having forced everyone to partner up with local companies. They'd be considerably harming their own companies and economy in the process. When your country owns the majority of the popular Shanghai Disney park, do you call a boycott on it (via boycotting all things Disney)? When your country owns the majority of all value derived from local McDonald's franchises, do you call a boycott on that American brand? When your companies have partnership deals on manufacturing with GM, such that most Chinese-purchased GM vehicles are made domestically in China, do you call a boycott on those cars? And so on. China feels a lot more free to play the boycott card in dealing with Japan and South Korea because there's a vast difference in the scale of the benefit in question. China only has a small trade surplus with Japan, of about ~$20b. But China is a very large export market for Japan, equal to 2.5% of Japan's economy in scale, so they can hammer Japan there (by contrast China's imports from the US are merely equivalent to 0.5% of the US economy). With the US, China has a $400b trade surplus that is at risk, the damage is overwhelmingly tilted at themselves in any boycott.
  • seanmcdirmid 8y ago
    That didn't stop protestors from smashing up Japanese branded cars, which were all built in 51-49 JVs.