It's not simply about the first-order effects. Making a large investment in the Chinese market controlled by the CPC means putting up great value at risk that t

It's not simply about the first-order effects. Making a large investment in the Chinese market controlled by the CPC means putting up great value at risk that the CPC can leverage to assert influence. Evil influence spreads into the company and it becomes even more evil. Considering the history of their actions against even their own people, and the words they say, 'evil' is not an understatement. Yes, other states are also evil, but their evil is deeper and more fundamental. For example, they actively censor the history of their own misdeeds, including massacre of their own people from a few decades ago in 1989, and because of the strong censorship, who knows what else they are doing nowadays that's hidden? A concrete example of what may happen is that after making a huge investment in China, Google gets a request to do more than just censor, an offer it cannot refuse. It is asked to spread malware to dissidents, or extend the censorship to other countries like Taiwan, or something nefarious like that. If it refuses, it'll be kicked out of China for some bullshit reason. Getting kicked out means incurring a big loss because of the huge investment. What will it do then? If it can't say 'no' now, it will not be able to say 'no' then. This country does not have "rule of law", but it has "rule by law". There is no independent judiciary. The state can say F U and there's nothing you can do about it.