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So, I cannot see this sort of thing stopping, until we see a point where non-Chinese investors revolt when they hear about the company they've invested going in
by rossdavidh 5y ago
So, I cannot see this sort of thing stopping, until we see a point where non-Chinese investors revolt when they hear about the company they've invested going into China, rather than cheering. If investors have had such a change of heart at this point, I have not seen it.
- klelatti 5y agoThis sort of thing definitely has deterred investment in China. I was aware of it (in a very different industry) twenty years ago and it definitely affected decision making. It's impossible to track investments not made though.
- cm2187 5y agoTo be honest it has now become politically toxic for a western company to announce a large investment in China.
- vkou 5y agoIt's financially toxic for them not to invest in the Chinese market. Name a major American brand, and odds are you've named either someone who manufactures in China, sells to China, or more commonly, does both. When it comes to optics or money, boards and investors will choose money.
- SavantIdiot 5y agoDisney's "Shang-Chi and the Legend of the Ten Rings" would like to have a word with you. Think they made a Chinese lore film for Americans?
- thw0rted 5y agoYou know that's based on a comic from like half a century ago, right?
- rossdavidh 5y agoWell that is a good point, it's the dog that didn't bark.
- unyttigfjelltol 5y agoThis story is visceral, it's now reached a broader audience. Boards of directors who weren't aware now are on notice.
- athrowaway3z 5y agoI'm not sure I follow. If it's taken for granted that its impossible to make profits on the Chinese market, the best outcome for a company is to sell their IP to China and make sure the markets are kept completely segregated.
- Nevermark 5y agoYou can control the sale your own tech, but you have little control over whether you will then be competing against it down the road - regardless of the terms you thought you were all agreeing too. The best way forward with any critical tech won't be a simple decision. Not competing in China, partnering in China, or selling tech for use only in China, all contain existential risks. This is a battle happening at the Chinese (as a nation) vs. the non-Chinese world level. Non-Chinese tech actors will remain at high risk until the non-Chinese world can negotiate together with the same coherence as the Chinese system can.
- justicezyx 5y agoThis type of thing happened rarely... This is a rogue CEO who is exploiting a particular legality niche to fight his own board. And had committed misconduct before. This is a extradinary situation. Not something you see often.
- redwood 5y agoYou kidding? This is par for the course.. this is the macro playbook that we've seen time and time again over the last 20 years
- justicezyx 5y ago> this is the macro playbook that we've seen time and time again over the last 20 years What? American CEO in China are doing this kind of shit? Oh god, I have been in US for 12 years, so the American corporations have been plaguing the Chinese economy all the time? No wonder indigenous Chinese companies eventually win. These American CEO are trash ...
- redwood 5y agoI have reread your comment a few times and I'm not quite following