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Depending how the deal is structured he might be right in demanding that US government is paid. If e.g. the government is providing any kind of funding (which i
by m0zg 6y ago
Depending how the deal is structured he might be right in demanding that US government is paid. If e.g. the government is providing any kind of funding (which it probably is, since we're talking non-trivial amounts of money on a short notice), there needs to either be a buy-out or some other compensation.
Ultimately though, this whole thing is about giving the Chinese a taste of their own medicine, and more of the same should be expected until they buckle, which they will. There's really no way to operate in China at any kind of scale without total control by the Chinese government. Once that changes, different, less onerous arrangements can be made in the US.
- dragonwriter 6y ago> Ultimately though, this whole thing is about giving the Chinese a taste of their own medicine, No, it about giving America a taste of Chinese state-directed industry medicine, it's just that the only legal pretext this Administration has to hang that on requires foreign own assets as the enabling fact to allow state-directed sale.
- m0zg 6y agoByteDance is a Chinese company. The US is not getting a taste of anything here (except in China where it's been reamed for 20 years). Huawei and ByteDance are.
- throw5543256 6y agoI think China is perfectly fine with this arrangement. They have laws that require technology partners in certain industries, like Apple having a local partner host iCloud data. While in others, they can be completely independent, like Tesla in a China. I’m guessing the Chinese government officials are actually really proud their model is being exported, as it vindicates their concerns.
- m0zg 6y agoOh, it's not being "exported" quite yet. To "export" it properly, we'd have to freeze out all of the Chinese companies from our markets entirely, unless they hire a bunch of NSA spies, and yield the controlling interest in their US operations to US government. And in case those Chinese companies do something we don't know how to do, pilfer their intellectual property wholesale as well.