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I have seen people posting this exact same comment almost word for word in every tick tok thread. It’s absurdly disingenuous. 1. China has many industries tha
by learc83 6y ago
I have seen people posting this exact same comment almost word for word in every tick tok thread.
It’s absurdly disingenuous.
1. China has many industries that outright ban US company participation.
2. “Adhering to the law” involves giving a Chinese company 51% control of the joint venture and forced IP transfer so that your company can be replaced ASAP.
3. China arbitrarily and capriciously enforces the law to the extent that “following the law” is impossible.
China has often punished western companies for doing things outside the country for which there is no law to violate. Just look at what happens if your parent company lists Taiwan in a drop down on their website (outside of China).