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From the recent front-page story https://www.politico.eu/blogs/the-coming-wars/2019/04/how-europe-learned-to-fear-china/ https://www.politico.eu/blogs/the-comin
by deogeo 8y ago
From the recent front-page story https://www.politico.eu/blogs/the-coming-wars/2019/04/how-europe-learned-to-fear-china/ https://www.politico.eu/blogs/the-coming-wars/2019/04/how-eu...: "Then there was Kuka, the crown jewel of German robotics, which was taken over by Chinese home-appliance maker Midea in 2016. What happened next has become part of a now recognizable pattern: Once a firm is acquired by a Chinese company, its European suppliers are abandoned for Chinese value chains."
Silly or not, Chinese firms will favor other Chinese firms. This behavior isn't limited to China.
- gumby 8y agoKuka is small potatoes. I really should have been clearer that by "significant" I think of most of the Global 200: Exxon, Apple Nestlé, Danone, Google et al: Their revenues are global and their interests are global, as are their hiring, lobbying, usw.