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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 ent
by 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 ago2017 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 agoAs long as they accept to get their IP cloned, hurt people and ignore consequences. It's a well remunerated pound of flesh.