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I think America not allowing any Chinese product is not tenable and is a rejection of free markets. We must have a way of making them safe, providing penalties
by alexnewman 6y ago
I think America not allowing any Chinese product is not tenable and is a rejection of free markets. We must have a way of making them safe, providing penalties for violations of people's safety, and oversite provided by independent corporate entities
- secondcoming 6y agoDo you know nothing about how China works?
- troist 6y agoShould we sink to their level though? I'm not sure tit for tat fighting is going to fix anything, it just drags us all down. I'm not saying I have a solution, but I feel there's got to be a better one than the direction we're going.
- FooBarWidget 6y agoIsn't Bytedance selling Tiktok to Microsoft the solution? As far as concrete worries are concerned, doesn't that solve everything? But I'm not seeing anybody paying any attention to that.
- deleted 6y ago[deleted]
- solidasparagus 6y agoMarkets are never fully free - ask any US company that has tried to sell to the Chinese market. What we are seeing here is the first truly global Chinese app. The US is grappling with the fact that China makes it very difficult for American companies to access the China market, but the US generally does not do the same for foreign countries. However, maintaining that approach puts US companies in a distinct disadvantage.
- DarthGhandi 6y ago> ask any US company that has tried to sell to the Chinese market Like Boeing, Microsoft, GM, Apple, KFC, McDonalds, Proctor and Gamble GE, Nike, Coca-Cola? They all make billions annually and have dominant marketshare. American companies are everywhere. Facebook and Google are the only two banned that I know of and it's because they didn't want to follow local regulations.
- nouveaux 6y agoHere is a list of websites banned in China: https://en.wikipedia.org/wiki/List_of_websites_blocked_in_mainland_China https://en.wikipedia.org/wiki/List_of_websites_blocked_in_ma...
- marcinzm 6y ago>I think America not allowing any Chinese product is not tenable and is a rejection of free markets. Free markets are a two way street, if one party refuses to participate then why is it not okay for the other party to block them? China refuses to participate by blocking American companies from competing in many Chinese markets and requiring Chine ownership of most companies that are in China. So there already isn't a free market, the US is simply acknowledging that fact and acting accordingly.
- Phaedor 6y agoAmerican brands are way more prevalent in China than Chinese brands are in US though. 15% of Apple's revenue is from China. 17̀% of Boeing's revenue is from there. China only has a few big brands and it seems like America is quick to ban them for different reasons. It would not surprise me if China retaliated and blocked american companies from selling in China.
- catalogia 6y agoBrands smands, what's behind the sticker? Boeing planes are made in America, but a great many American "brands" aren't.
- marcinzm 6y ago>Boeing planes are made in America Most are, Boeing I believe opened an assembly plant in China a couple years back. Even for the ones assembled in America the components may be built in other nations by subcontractors.
- DarthGhandi 6y agoWhat a bizarre viewpoint. So America should sell off these brands to the highest bidder and focus on companies that only produce and sell in the US? You are totally fine with letting China buy coke and kfc? Both have huge market penetration in China. This makes no sense. "Brands Smands" indeed, good luck getting consumers to buy PatriotSoda instead.