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Exactly this. The ban itself was fine. But to force sale of assets to a US company (which reduces bidding prices significantly) is just corrupt thuggish politic

Exactly this. The ban itself was fine. But to force sale of assets to a US company (which reduces bidding prices significantly) is just corrupt thuggish politics. At this point, a third country should be wary of doing any business in the US.

sitkack 6y ago
Weakening the dollar makes our exports look more attractive and encourages more spending at home.
- nine_zeros 6y ago
  > Weakening the dollar makes our exports look more attractive and encourages more spending at home. How is this relevant to app bans and mafia sales?
sildur 6y ago
I took that as a big warning message, and started to reduce my US exposure as much as I can. I was already going self hosted so it’s easier for me. The only new requirement is avoiding American companies as much as possible.
asdfthvaa2 6y ago
What? its not worse than a ban, its so not worse that ByteDance could simply not sell its US operations and stop being present in the US, making it just like a ban. A ban would leave no option. This is pretty much what China does, but for every service.
- nine_zeros 6y ago
  > This is pretty much what China does, but for every service. Since when did we aspire to become more like China? > its not worse than a ban, its so not worse that ByteDance could simply not sell its US operations and stop being present in the US, making it just like a ban The difference is, why should a US entity own this asset for it to have operations in the US? Why can't it be a EU entity or Australian entity or Canadian entity or Ugandan entity? Does this mean that US government is going to erratically force foreign businesses to sell US assets when they want? The equivalent of this would be EU asking Apple to sell all EU operations to Nokia or whatever to be able to operate in that market. Does this sound business friendly?
- throwaway554323 6y ago
  This is not what China does. China requires a proactive censorship policy and all Chinese data to be hosted in China. If the company complies, they can operate in China. This is why Skype and iMessage work in China.
webninja 6y ago
China very often does it to the US though. It’s just tit for tat.

sitkack 6y ago

Weakening the dollar makes our exports look more attractive and encourages more spending at home.

nine_zeros 6y ago
> Weakening the dollar makes our exports look more attractive and encourages more spending at home. How is this relevant to app bans and mafia sales?

sildur 6y ago

I took that as a big warning message, and started to reduce my US exposure as much as I can. I was already going self hosted so it’s easier for me. The only new requirement is avoiding American companies as much as possible.

asdfthvaa2 6y ago

What? its not worse than a ban, its so not worse that ByteDance could simply not sell its US operations and stop being present in the US, making it just like a ban. A ban would leave no option. This is pretty much what China does, but for every service.

nine_zeros 6y ago
> This is pretty much what China does, but for every service. Since when did we aspire to become more like China? > its not worse than a ban, its so not worse that ByteDance could simply not sell its US operations and stop being present in the US, making it just like a ban The difference is, why should a US entity own this asset for it to have operations in the US? Why can't it be a EU entity or Australian entity or Canadian entity or Ugandan entity? Does this mean that US government is going to erratically force foreign businesses to sell US assets when they want? The equivalent of this would be EU asking Apple to sell all EU operations to Nokia or whatever to be able to operate in that market. Does this sound business friendly?
throwaway554323 6y ago
This is not what China does. China requires a proactive censorship policy and all Chinese data to be hosted in China. If the company complies, they can operate in China. This is why Skype and iMessage work in China.

webninja 6y ago

China very often does it to the US though. It’s just tit for tat.