3 ms·

What are you even talking about? Where's the law that Chinese companies cannot freely operate in the US? They can but they have to abide by the local laws. Just

by disgu 6y ago

What are you even talking about? Where's the law that Chinese companies cannot freely operate in the US? They can but they have to abide by the local laws. Just like US companies in China, European companies in the US or American companies in Europe. I really hope Europeans take a closer look at Tesla. Just force them to sell their European business to VW or Daimler or ban them from the market. The horrendous privacy laws in the US should be enough of a justification - those are completely against European values anyway. And even if they aren't, it's not like fact or proof matters anymore. Just accuse and then force them to sell. Maybe that has to happen before other Americans see how ridiculous all of this is.

gruez 6y ago
>What are you even talking about? Where's the law that Chinese companies cannot freely operate in the US? They can but they have to abide by the local laws. It's probably related to the forced technology transfers[1], or requiring that chinese operations must be a under a joint venture with a local partner controlling at least 50% [1] https://www.investopedia.com/forced-technology-transfer-ftt-4687680 https://www.investopedia.com/forced-technology-transfer-ftt-...
- disgu 6y ago
  Maybe I missed something but an American law would be required to answer the question I asked.
JumpCrisscross 6y ago
> Where's the law that Chinese companies cannot freely operate in the US CFIUS [1]. Exon-Florian [2]. The 1977 International Emergency Economic Powers Act [3]. Foreign Investment Risk Review Modernization Act of 2018 [4]. [1] https://en.m.wikipedia.org/wiki/Committee_on_Foreign_Investment_in_the_United_States https://en.m.wikipedia.org/wiki/Committee_on_Foreign_Investm... [2] https://en.m.wikipedia.org/wiki/Exon–Florio_Amendment https://en.m.wikipedia.org/wiki/Exon–Florio_Amendment [3] https://www.treasury.gov/resource-center/sanctions/Documents/ieepa.pdf https://www.treasury.gov/resource-center/sanctions/Documents... [4] https://www.ustrademonitor.com/2018/08/foreign-investment-risk-review-modernization-act-of-2018-firrma-update/ https://www.ustrademonitor.com/2018/08/foreign-investment-ri...
- greatpatton 6y ago
  It doesn't apply to China specifically. The end result is for the rest of the world to understand that operating in the US is as risky as operating in China... BTW if I was tik tok I would sell myself to a European entity.
  - JumpCrisscross 6y ago
    > doesn't apply to China specifically FIRRMA was drafted specifically to deal with China. > operating in the US is as risky as operating in China False equivalence. American laws need to be debated and passed. Party decisions don't. American actions are constrained by the Constitution. Party actions are not. Et cetera. > if I was tik tok I would sell myself to a European entity Tik Tok are almost certainly in flagrant violation of GDPR.

by disgu 6y ago

gruez 6y ago

>What are you even talking about? Where's the law that Chinese companies cannot freely operate in the US? They can but they have to abide by the local laws. It's probably related to the forced technology transfers[1], or requiring that chinese operations must be a under a joint venture with a local partner controlling at least 50% [1] https://www.investopedia.com/forced-technology-transfer-ftt-4687680 https://www.investopedia.com/forced-technology-transfer-ftt-...

disgu 6y ago
Maybe I missed something but an American law would be required to answer the question I asked.

JumpCrisscross 6y ago

> Where's the law that Chinese companies cannot freely operate in the US CFIUS [1]. Exon-Florian [2]. The 1977 International Emergency Economic Powers Act [3]. Foreign Investment Risk Review Modernization Act of 2018 [4]. [1] https://en.m.wikipedia.org/wiki/Committee_on_Foreign_Investment_in_the_United_States https://en.m.wikipedia.org/wiki/Committee_on_Foreign_Investm... [2] https://en.m.wikipedia.org/wiki/Exon–Florio_Amendment https://en.m.wikipedia.org/wiki/Exon–Florio_Amendment [3] https://www.treasury.gov/resource-center/sanctions/Documents/ieepa.pdf https://www.treasury.gov/resource-center/sanctions/Documents... [4] https://www.ustrademonitor.com/2018/08/foreign-investment-risk-review-modernization-act-of-2018-firrma-update/ https://www.ustrademonitor.com/2018/08/foreign-investment-ri...

greatpatton 6y ago
It doesn't apply to China specifically. The end result is for the rest of the world to understand that operating in the US is as risky as operating in China... BTW if I was tik tok I would sell myself to a European entity.
- JumpCrisscross 6y ago
  > doesn't apply to China specifically FIRRMA was drafted specifically to deal with China. > operating in the US is as risky as operating in China False equivalence. American laws need to be debated and passed. Party decisions don't. American actions are constrained by the Constitution. Party actions are not. Et cetera. > if I was tik tok I would sell myself to a European entity Tik Tok are almost certainly in flagrant violation of GDPR.