4 ms·

Re the forced sale: I think USA is saying, unless TikTok (US operations) is owned by a US-company, it gets outright banned in the US. So TikTok the company nee

Re the forced sale: I think USA is saying, unless TikTok (US operations) is owned by a US-company, it gets outright banned in the US. So TikTok the company needs to choose between the loss of revenue, and a buyout price (presumably affected by the sale under duress). Quite naughty policy, you could say, though probably insignificant compared to what China does to western companies.

echelon 6y ago
> though probably insignificant compared to what China does to western companies. It's certainly not espionage. And we're not brain draining away top talent with above-market, state-funded pay (anticompetitive, but nice to the workers that get offers -- something maybe we should do). While we're not being nearly as imposing as China has with US companies, we need to be careful. Tesla, Starbucks, Apple, and a whole host of other American companies are making quite a lot of money in China. If we escalate, we might expect the same treatment. I think the safer play is to decentralize the supply chain by re-outsourcing to Vietnam, India, Mexico, and Africa in the near term, then re-onshore with automation in the long term. We should also try to duplicate the whole One Belt thing. It'd give us allies, influence, and hedge our risks.