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Isn't that equivalent to starting up with VC money (and stocks, later)? You get billions to start up, and if you fail you don't have to pay anything back. It's

• AnthonyMouse 6y ago
  All of your examples are companies that were pioneers in immature markets. And then if you succeed, the VCs own your company. It's not charity. Whereas China will give a Chinese company billions of dollars to unseat an incumbent in a mature industry and expect nothing in return except for that industry to be in China.
  • yellowapple 6y ago
    > and expect nothing in return Aside from the expectation of unwavering loyalty to the Communist Party of China, you mean.
    • AnthonyMouse 6y ago
      Is that not what I said?: > except for that industry to be in China.
      • yellowapple 6y ago
        Fair, but the implication seemed to be that China was somehow not expecting ownership over the corporations in which it invests (since there was an implied contrast with VC investment where said ownership is expected). That is: it goes a fair bit beyond merely keeping companies in a given geography.