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Chinese regulations are designed to ensure that the domestic Chinese market is dominated by Chinese-owned companies. Whether or not Facebook can follow Chinese

Chinese regulations are designed to ensure that the domestic Chinese market is dominated by Chinese-owned companies. Whether or not Facebook can follow Chinese law is irrelevant; if they could successfully compete, the rules would change to ensure that they don't. The US, on the other hand, at least pretends to have rule-of-law that preempts attempts to use government power to determine economic winners and losers.

disown 6y ago
> Chinese regulations are designed to ensure that the domestic Chinese market is dominated by Chinese-owned companies. All regulations around the world are designed that way. All markets are national security issues and all major powers protect their own turf. China isn't special just because you have something against them. From britain to japan to korea to india to mexico and even canada, they all cater their laws/regulations to protect their own companies. > Whether or not Facebook can follow Chinese law is irrelevant; It is relevant. Just because you decide something is irrelevant doesn't make it so. > The US, on the other hand, at least pretends to have rule-of-law that preempts attempts to use government power to determine economic winners and losers. You mean other than tik tok? Other than subsidies for boeing, etc? Other than the bailouts of car companies? And that's not even taking account of all the wars we've engaged in to further the interests of our companies. Our invasion and colonization of china for much of the 19th and 20th century doesn't count right?