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> the future will be one of only Chinese international corporations A world ruled by corporations headquartered in a single country, with other countries havin
by baron_harkonnen 6y ago
> the future will be one of only Chinese international corporations
A world ruled by corporations headquartered in a single country, with other countries having their politics and economy determined by the interests a single nation has been the rest of the worlds situation for 50+ years. It's somewhat ironic to see Americans suddenly getting concerned about this.
> Would WeChat or TikTok even exist if the Chinese market were open to existing western chat and social media software?? Unlikely.
The argument that if the Chinese market was fully open then their local companies would have been more quickly devoured by single, US based corporations doesn't do much to convince me that what the Chinese government is doing is wrong.
And don't fool yourself, this had nothing to do with what's 'fair' for America or Americans, all of this is so strong arm Chinese companies into surrendering to corporations that happen to be based in the US on favorable terms. This is the US government working as the goons to enforce Facebook, Google and in this case specifically Microsofts global dominance.
- cwhiz 6y ago>The argument that if the Chinese market was fully open then their local companies would have been more quickly devoured by single, US based corporations doesn't do much to convince me that what the Chinese government is doing is wrong. If these companies were competing, and winning, on features and innovation, there would be no concern that the company originated from China. The point of that anecdote is that these companies have crap products that are only competitive because there is no competition. >And don't fool yourself, this had nothing to do with what's 'fair' for America or Americans I hope this is the beginning of a broader policy on moving US business, interests, and manufacturing out of China. Play fair or don't play at all. It is perfectly fine for China to protect their own market. But it is not fine for China to protect their own market and also expect open access to other markets.
- bigpumpkin 6y ago"If these companies were competing, and winning, on features and innovation, there would be no concern that the company originated from China. The point of that anecdote is that these companies have crap products that are only competitive because there is no competition." Try Instagram Reels and Tiktok and see which is the crap product.
- baron_harkonnen 6y ago> Play fair or don't play at all. Your fallacy is assume that we were previously in a state of "fair play". Viewing the last few decades US global corporate hegemony as "fair play" requires a tremendous ignorance of the methods and impact of US global corporate dominance on most other countries of the world.