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Yeah, I'm highly skeptical that China would do that to one of the largest companies in the world, not because they probably couldn't withstand it, but because o
by atlasunshrugged 5y ago
Yeah, I'm highly skeptical that China would do that to one of the largest companies in the world, not because they probably couldn't withstand it, but because of the general market signal it would create. Sentiment is already turning or has turned negative on China but it's a big market so many companies persist, but imagine if the biggest company in the world can just be shut out? Many companies would probably stay, but it'd just be to milk what they can out of the market, I doubt any would really invest significant resources in China anymore.