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I do hope American companies begin to wise up and realize that though China may be one of the largest markets, it is essentially worth $0 to a foreign company.
by cco 7y ago
I do hope American companies begin to wise up and realize that though China may be one of the largest markets, it is essentially worth $0 to a foreign company. The Chinese government will not, repeat, will not allow a non-Chinese controlled company to win long term. In the short term a foreign company may be allowed to achieve some success but at the cost of IP; I'll leave out the ethical considerations.
Maybe the realpolitik suggests that companies should continue to try in China since the alternative is further isolation between China and the Western world which may hasten hostilities? I just can't fathom why a company like Google still wants to work in China, they'll make product and IP concessions to the Chinese government and will either lose Google China autonomy or be replaced wholesale by a Chinese company. Where is the shareholder value?