First off, you're breaking the forum's rules by accusing people of being shills. What sector was that company in, any why were they not able to set up a WFOE?

First off, you're breaking the forum's rules by accusing people of being shills. What sector was that company in, any why were they not able to set up a WFOE? WFOE's have been the most common form of foreign business created in China for decades. The term "WFOE" is specifically a Chinese construct, so the idea that WFOEs are not allowed doesn't even make basic sense. You talked earlier about reciprocity. For most of China's modern history, China hasn't had any capital that it could invest abroad, so any formal access it had to American markets made no difference. American companies invested in China under restrictive rules, while China didn't invest in the US at all. As China has developed, it has eased investment restrictions (for example, recently allowing WFOEs in the auto industry), and it has started investing abroad. But in the last few years, it has become apparent that Chinese tech companies are de facto banned from the US. Not only that, but the US is pursuing major Chinese tech companies through sanctions, trying not only to keep them out of the US market, but to destroy them entirely.