4 ms·
China is very willing to play hardball and throw multinational corporations out unless they cooperate. The US is only just starting to consider actions like tha
by m12k 5y ago
China is very willing to play hardball and throw multinational corporations out unless they cooperate. The US is only just starting to consider actions like that (cf. Huawei and TikTok). I wonder if that's the next big shift in international politics - countries realizing that in the name of ideology (free trade) they've been freely giving away something very valuable - access to their domestic consumer market - which they could have been "charging" corporations quite a bit more for if they wanted to.