3 ms·
> Corporations are learning doing business in China is more likely to get your business nationalized by the CCP than enriched. I can think of many foreign comp
by DiogenesKynikos 4y ago
> Corporations are learning doing business in China is more likely to get your business nationalized by the CCP than enriched.
I can think of many foreign companies that are doing a massive amount of business in China (VW, GM, Toyota, Starbucks, KFC, McDonalds, Coca Cola, Apple, just to name a few).
I can't think of a single one that's been nationalized.