4 ms·
It really feels like the rest of the world refuses to even try and prevent China from taking over everything.
by thepasswordis 5y ago
It really feels like the rest of the world refuses to even try and prevent China from taking over everything.
- nerdponx 5y agoIt's the long game. The value of being an ally of China outweighs the costs of these individual situations.
- spfzero 5y agoWho would expect to remain an "ally" in China's eyes after their usefulness was exhausted? That's beyond wishful thinking. It is ascribing a magical western "loyalty" value that simply doesn't exist in business anywhere, even in the west. Chinese companies no doubt believe they can do everything a western company can do, and they're right, for practical purposes. What do they need help with once they have the trade secret designs, processes, etc.? I cannot believe these western "partners" believe in a long game where they come out being anything other than a chump.
- deleted 5y ago[deleted]
- bsder 5y agoWho in ARM will get fired for this? Until managers start getting sacked for dealing with China, this will continue.
- sfifs 5y agoWhy would/should they? The short to medium term economic interests of most of the ruling/capital owning class (higher margins on production, real estate prices going up) and the plebs (cheaper products) are both tied to close cooperation. Maybe the long term interests are misaligned but in the prevailing Western capitalist system that has "won", long term costs and incentives are not really imposed on anyone - especially the capital owners/ruling class.
- javajosh 5y agoMaybe Americans should start trying to start more on-shore factories. (Just thinking about that makes me laugh. The environmentalists, the labor folks, the real-estate folks, the local and state tax authorities -- all will either slow things and/or get their cut. From what I understand the sad truth is that the CCP's real economic advantage lies in ignoring the environment, workers rights, and real-estate rights. So we are stuck with on-shore "too much" and Chinese "not enough" in each of these categories. Plus, our justice system is entirely dysfunctional and slows everything down 100x and increases cost of everything 1000x).
- m0zg 5y agoDon't forget "climate change", which people with "luxury beliefs" believe can just go away if we move all manufacturing to China and make it completely infeasible to do any on-shore manufacturing. Instead it gets worse, since they won't be subject to any restrictions until IIRC 2030, and you have to burn oil to get stuff from there to here.
- javajosh 5y agoIndeed. Two aphorisms come to mind: out of sight, out of mind. And: perfect is the enemy of good.
- tablespoon 5y ago> It really feels like the rest of the world refuses to even try and prevent China from taking over everything. A capitalist will sell you the noose you hang him with. One of the cancers the West needs to deal with is people who value capitalism and personal greed over any other commitment, and the lack of political will to contain them.
- justicezyx 5y agoThe firm's 49% shares belong to arm holding. Where are the "taking over everything". And literally the CEO and Softbank own the majority shares, are American and Japanese... What are the China taking everything in this non Chinese entity?...