3 ms·
CCP may arguably control the world's largest consumer market. That is debatable when considering the European Union as a single market or even India. Considerin
by network2592 5y ago
CCP may arguably control the world's largest consumer market. That is debatable when considering the European Union as a single market or even India. Considering either consumption level or sheer number of consumers, it is not entirely clear that China is the world's largest consumer market.
But, let's presume that it is. CCP simply does not allow genuine access to sell goods or services. There is a reason why Google and Facebook and so many other dominant companies are practically non existent in China.
So the benefit of access to a supposed largest consumer market that is heavily restricted to foreigners seems largely inconsequential. Is this a wrong interpretation?
- ogogmad 5y agoIt's still accessible to Intel and Microsoft. I don't think China is capable yet of producing equivalent goods. On the other hand, what Google and Facebook did can be done just as well by others. Actually, maybe China is indeed able to produce decent Intel-compatible processors. Not sure.
- network2592 5y agoHow much longer will it be accessible for Intel and Microsoft though? CCP does not think twice about pulling the rug on local tech giants [0]. Why would it hesitate for Intel and Microsoft? It seems like only a matter of time. As far as chips in particular, CCP is pushing hard to make chips locally [1]. So again, just a matter of time before Intel gets replaced in China. Is the Intel leadership being incredibly short-sighted besides of course being devoid of ethical common sense? [0] https://www.bloomberg.com/news/articles/2021-06-24/how-xi-and-the-ccp-turned-on-jack-ma-ant-and-china-s-fintech-companies https://www.bloomberg.com/news/articles/2021-06-24/how-xi-an... [1] https://www.cnbc.com/2021/10/25/china-pushes-to-design-its-own-chips-but-still-relies-on-foreign-tech.html https://www.cnbc.com/2021/10/25/china-pushes-to-design-its-o...