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> American companies can’t freely operate in China McDonald's, Nike, Boeing, Microsoft, P&G, General Electric (to name just a few) all hold dominant market sha
by DarthGhandi 6y ago
> American companies can’t freely operate in China
McDonald's, Nike, Boeing, Microsoft, P&G, General Electric (to name just a few) all hold dominant market share in China. I have no idea why people constantly repeat this claim so easily debunked. US companies are everywhere in the country and making billions.
- ericmay 6y agoBecause we're clearly talking about tech companies and social media companies.
- DiogenesKynikos 6y agoThe US trade relationship with China is much larger than social media companies (Apple, Micron, Qualcomm and plenty of other tech companies have no problem in China - what we're talking about here are media companiesm not tech companies in general). By focusing only on media companies, people in this conversation are getting a very narrow and distorted view of the US-China trade relationship. The US does very well, business-wise, in China, contrary to what most Americans seem to believe.
- ericmay 6y agoSure, how do you define does very well in China?
- DiogenesKynikos 6y agoMany US companies have made huge returns on investment in China, and China is a major market for many American companies. This is a tech forum, so we can go down a list of US tech companies, giving their 2017 revenue from China: * Apple: $45 billion (20% of Apple's total) * Intel: $15 billion (its largest market, 24% of total) * Qualcomm: $15 billion (>60% of Qualcomm's total) * Micron: $10 billion (>50% of Micron's total) * Broadcom: $9 billion (>50 of Broadcom's total) * Cisco: $8 billion (15% of Cisco's total) The list goes on and on, but you get the picture. The numbers come from here: https://www.marketwatch.com/story/trade-war-watch-these-are-the-us-companies-with-the-most-at-stake-in-china-2018-03-29 https://www.marketwatch.com/story/trade-war-watch-these-are-...
- DarthGhandi 6y agoThat's "cleary" not what the grandparent comment was alluding to nor did they once mention tech. Regardless of the ever shifting goalposts of those who constantly make this patently false statement about US companies inability to do business on the mainland, let's just restrict it to tech then: I already mentioned Microsoft, how about Apple? Intel? IBM, Dell, HP? They all make huge dollars in China as well as benefit from their supply chains to sell elsewhere. I really can't understand why people mentally cling so hard to this notion that US companies can't sell their wares to the Chinese.
- stjohnswarts 6y agoThose are exceptions due to scale (and likely bribes to the CCP). If you go as a small/business business person to start a business in China, you absolutely will have to take on a Chinese partner with 51% controlling ownership in the company. They make only very very rare exceptions to that. Then they turn around and say the USA is "unfair".