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Western companies don't grow in China. At best they get tenuous access while their IP is blatantly stolen to favor a domestic successor. The idea that western c
by djohnston 4y ago
Western companies don't grow in China. At best they get tenuous access while their IP is blatantly stolen to favor a domestic successor. The idea that western companies have anything to gain operating in China is naive IMO.
- NovemberWhiskey 4y agoTrue for manufacturing; probably less true for services.
- mathverse 4y agoWhat services are even allowed to operate in China?
- NovemberWhiskey 4y agoSecurities, for example: http://www.xinhuanet.com/english/2020-04/01/c_138938273.htm http://www.xinhuanet.com/english/2020-04/01/c_138938273.htm
- rasz 4y agoThats why services were prohibited. Cloud providers had to sell off their assets https://www.datacenterdynamics.com/en/news/aws-sells-assets-in-china-to-comply-with-the-law-will-continue-offering-cloud-services/ https://www.datacenterdynamics.com/en/news/aws-sells-assets-... https://www.geekwire.com/2019/building-wall-around-cloud-china-will-soon-important-cloud-computing-market/ https://www.geekwire.com/2019/building-wall-around-cloud-chi...
- paganel 4y agoVW gets 40% (or thereabouts) of its revenues and profits from China, VW is a quite big Western car group.
- kelnos 4y agoThey get revenues in the short term, but in the long term they get copied and closed out.
- fomine3 4y agoBut even if VW won't do, other western/Japanese competitors do the same thing. So let's get revenues in the short term
- satonakamoto 4y ago"short term" More than 30 years now.And how long can be called "long term" for an company?
- contingencies 4y agoThis is a bit harsh. While I agree the situation is imperfect and declining, there are still some great aspects to the Chinese market, such as size, mobile payment penetration, speed of the supply chain, prevalence of hardware fabrication partners, and open industrial culture. Smart companies can leverage these elements.