4 ms·

We can but asia won’t. We can stop and let Asian tech giants eat us alive.

SilverBirch 4y ago
I may have missed something but hasn't China recently demonstrated that it absolutely is not willing to let its tech giants get too big and powerful. Take a look at what has happened with BABA.
- Sakos 4y ago
  China doesn't care about the size of companies. Alibaba ran into political problems because they wanted to compete in an industry with established players with strong relations to regional governments and different parts of the CCP.
  - babelfish 4y ago
    Source?
    - Sakos 4y ago
      Example: https://thediplomat.com/2021/09/the-real-cause-of-chinas-alibaba-crackdown/ https://thediplomat.com/2021/09/the-real-cause-of-chinas-ali...
deleted 4y ago
[deleted]
parkingrift 4y ago
You're saying "Asia" but you're really referring to China. There is no reason for the west to allow Chinese companies to compete in their markets. Reciprocal market access or no access at all. If western trade agreements forbid companies of a certain size from selling locally there is no alternative for Asian companies but to split or exit the market. We aren't helpless passengers on a worldwide economic joyride.
- DANK_YACHT 4y ago
  A lot of America's wealth comes from being competitive on a global scale. Google is popular not only in the U.S., but also in Europe and the rest of the Americas. Apple sells phones, computers, and service all over the world. People use these products because they're best-in-class. We may be able to protect the domestic market, but the international market will not be as forgiving.
- beambot 4y ago
  Samsung, Toyota, Sony, TSMC?
upupandup 4y ago
really bizarre that you blame Asians when tech giants exist in other regions. Really didn't expect to see this dog whistling on HN. Also are you talking about Israel or Bangladesh? They are in Asia too.
- serf 4y ago
  >really bizarre that you blame Asians when tech giants exist in other regions. it's not bizarre in the least if you consider any of the metrics that attempt to quantify corporate size and holdings. Here's a market cap index[0], do you notice anything? One thing that I notice is that every company in the top 25 is either American (.. or by some legal stretches, Irish) or from somewhere in Asia. >Really didn't expect to see this dog whistling on HN. "We can stop and let Asian tech giants eat us alive." is neither coded, nor suggestive -- nor is it written in such a way as to avoid condemnation or blame, It's a plain statement. Can you describe how it's a dog whistle, and to signal which faction? I don't get it. Asia is too vast for a group of people to be against the entirety, no? At least I haven't ran into the anti-Asia faction, yet; but I have ran into plenty of anti-country folks. [0]: https://companiesmarketcap.com/tech/largest-tech-companies-by-market-cap/ https://companiesmarketcap.com/tech/largest-tech-companies-b...

I may have missed something but hasn't China recently demonstrated that it absolutely is not willing to let its tech giants get too big and powerful. Take a look at what has happened with BABA.

Sakos 4y ago
China doesn't care about the size of companies. Alibaba ran into political problems because they wanted to compete in an industry with established players with strong relations to regional governments and different parts of the CCP.
- babelfish 4y ago
  Source?
  - Sakos 4y ago
    Example: https://thediplomat.com/2021/09/the-real-cause-of-chinas-alibaba-crackdown/ https://thediplomat.com/2021/09/the-real-cause-of-chinas-ali...

deleted 4y ago

[deleted]

parkingrift 4y ago

You're saying "Asia" but you're really referring to China. There is no reason for the west to allow Chinese companies to compete in their markets. Reciprocal market access or no access at all. If western trade agreements forbid companies of a certain size from selling locally there is no alternative for Asian companies but to split or exit the market. We aren't helpless passengers on a worldwide economic joyride.

DANK_YACHT 4y ago
A lot of America's wealth comes from being competitive on a global scale. Google is popular not only in the U.S., but also in Europe and the rest of the Americas. Apple sells phones, computers, and service all over the world. People use these products because they're best-in-class. We may be able to protect the domestic market, but the international market will not be as forgiving.
beambot 4y ago
Samsung, Toyota, Sony, TSMC?

upupandup 4y ago

really bizarre that you blame Asians when tech giants exist in other regions. Really didn't expect to see this dog whistling on HN. Also are you talking about Israel or Bangladesh? They are in Asia too.

serf 4y ago
>really bizarre that you blame Asians when tech giants exist in other regions. it's not bizarre in the least if you consider any of the metrics that attempt to quantify corporate size and holdings. Here's a market cap index[0], do you notice anything? One thing that I notice is that every company in the top 25 is either American (.. or by some legal stretches, Irish) or from somewhere in Asia. >Really didn't expect to see this dog whistling on HN. "We can stop and let Asian tech giants eat us alive." is neither coded, nor suggestive -- nor is it written in such a way as to avoid condemnation or blame, It's a plain statement. Can you describe how it's a dog whistle, and to signal which faction? I don't get it. Asia is too vast for a group of people to be against the entirety, no? At least I haven't ran into the anti-Asia faction, yet; but I have ran into plenty of anti-country folks. [0]: https://companiesmarketcap.com/tech/largest-tech-companies-by-market-cap/ https://companiesmarketcap.com/tech/largest-tech-companies-b...