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They don’t, there is plenty of western companies there. And yes, they need a local branch, same way non-US companies need US branch to conduct business there.
by trasz 4y ago
They don’t, there is plenty of western companies there. And yes, they need a local branch, same way non-US companies need US branch to conduct business there.
- NicoJuicy 4y agoSure, that's why someone else is handling Azure in China instead of Microsoft :)
- trasz 4y agoAmerican law forces all US-controlled companies to relay user data to various govern agencies without any real oversight. EU is protecting their citizens too. Even US is doing the same, see TikTok.
- yorwba 4y agoTelecommunication services are on the list of industries where foreign investment is restricted http://images.mofcom.gov.cn/www/202112/20211227175520952.pdf http://images.mofcom.gov.cn/www/202112/20211227175520952.pdf , irrespective of the laws in other countries.