4 ms·

What if the Chinese government is working overtime to prevent the superior companies from reaching their markets? Should the Chinese people be stuck with inferi

What if the Chinese government is working overtime to prevent the superior companies from reaching their markets? Should the Chinese people be stuck with inferior products? I'm not condoning it at all but this is about more than just Huawei. China is doing this with more than just Huawei, anyway, just take a look at what COMAC has been doing.

luckydata 6y ago
That's a losing battle, there's no point in fighting for the Chinese market since it's not a real market. The winner there will always be a state controlled entity until the political environment changes. But Chinese companies should absolutely be barred from doing business outside of China as their influence is toxic to democracy and freedom. When things change, so I will change my mind.
- DiogenesKynikos 6y ago
  2017 revenue from China (USD): * Apple: 44.8 Billion * Intel: 14.8 Billion * Qualcomm: 14.6 Billion * Boeing: 11.9 Billion * Micron Technology: 10.4 Billion Based on [1]. Meanwhile, "Europe's listed firms expect to glean $514 billion in revenue from China."[2] I just don't understand where people get this idea that Western companies can't do business in China. They have a massive presence in China, unmatched by the presence of any Chinese company in the US or Europe. 1. https://www.marketwatch.com/story/trade-war-watch-these-are-the-us-companies-with-the-most-at-stake-in-china-2018-03-29 https://www.marketwatch.com/story/trade-war-watch-these-are-... 2. https://www.reuters.com/article/us-usa-china-markets-eu/europes-listed-firms-expect-to-glean-514-billion-in-revenue-from-china-idUSKCN1PN19H https://www.reuters.com/article/us-usa-china-markets-eu/euro...
  - luckydata 6y ago
    As long as they accept to get their IP cloned, hurt people and ignore consequences. It's a well remunerated pound of flesh.

4 ms·

What if the Chinese government is working overtime to prevent the superior companies from reaching their markets? Should the Chinese people be stuck with inferi

by ddoolin 6y ago

luckydata 6y ago
That's a losing battle, there's no point in fighting for the Chinese market since it's not a real market. The winner there will always be a state controlled entity until the political environment changes. But Chinese companies should absolutely be barred from doing business outside of China as their influence is toxic to democracy and freedom. When things change, so I will change my mind.
- DiogenesKynikos 6y ago
  2017 revenue from China (USD): * Apple: 44.8 Billion * Intel: 14.8 Billion * Qualcomm: 14.6 Billion * Boeing: 11.9 Billion * Micron Technology: 10.4 Billion Based on [1]. Meanwhile, "Europe's listed firms expect to glean $514 billion in revenue from China."[2] I just don't understand where people get this idea that Western companies can't do business in China. They have a massive presence in China, unmatched by the presence of any Chinese company in the US or Europe. 1. https://www.marketwatch.com/story/trade-war-watch-these-are-the-us-companies-with-the-most-at-stake-in-china-2018-03-29 https://www.marketwatch.com/story/trade-war-watch-these-are-... 2. https://www.reuters.com/article/us-usa-china-markets-eu/europes-listed-firms-expect-to-glean-514-billion-in-revenue-from-china-idUSKCN1PN19H https://www.reuters.com/article/us-usa-china-markets-eu/euro...
  - luckydata 6y ago
    As long as they accept to get their IP cloned, hurt people and ignore consequences. It's a well remunerated pound of flesh.