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I think too much brain-cells are devoted to debating this point based on non-factual premises. https://www.msn.com/en-us/news/world/tiktok-china-state-media-acc
by xster 6y ago
I think too much brain-cells are devoted to debating this point based on non-factual premises. https://www.msn.com/en-us/news/world/tiktok-china-state-media-accuses-us-of-trying-to-steal-the-app https://www.msn.com/en-us/news/world/tiktok-china-state-medi...
According to Lee Kai-Fu who launched Google in China: "Chinese laws are clear about what foreign companies can do to operate in China. In TikTok's case, though, the company was left no choice but to consider a forced sale."
China doesn't not allow western companies to operate. Google proactively made the choice to exit China. I'm not arguing that they should have elected to follow Chinese laws but the actions the Chinese government took with western companies was not to either tell them to stop existing in the Chinese market or abdicate their ownership to a domestic company.
Let's debate on non-imaginary premises.
- rrrrrrrrrrrryan 6y agoThe Chinese government forces foreign companies to do business with a domestic company, which they then use to raid the foreign company's intellectual property, develop a localized state-backed clone product, which they then allow to "compete" and inevitably crush the foreign company's product. It's not as straightforward as outright "abdication of ownership to a domestic company," but the end-result is similar, and I'd argue it's more morally reprehensible. At least TikTok is going to get a check.
- xhinker 6y agoEm... how to force. punish you if you don't run a business?
- xster 6y agoYa that's another very common frustration against an imaginary premise. Western companies that enter joint ventures in China with IP transfers are proactively done with executives who explicitly weigh the cost benefit of gaining the Chinese market and choose to do so. An equivalent here would be for ByteDance to choose to enter the US market knowing they need to oxymoronically abdicate ownership once they do.
- DiogenesKynikos 6y agoYou're referencing joint-venture requirements. They've been phased out in most industries over the past three decades, and they're not as onerous as you're depicting them. Plenty of Western manufacturers did fine over decades with junior partners. VW never lost its technological edge to a Chinese competitor, despite being in a joint venture since 1984.