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I think that can true to a point and is probably true of governments. The United States Government may need to hold its nose and work with Saudi Arabia in some
by gonehome 4y ago
I think that can true to a point and is probably true of governments. The United States Government may need to hold its nose and work with Saudi Arabia in some cases despite their problems because of other geopolitical tradeoffs, but I'd argue that is not necessary for companies. In the case of companies, it's mostly about rationalizing something they want to do anyway (in this case operate in the Chinese market).
In the case of western companies operating in China it's even worse because this becomes a soft power the CCP can influence on the west creating a form of self-censorship or even capture (see Ray Dalio).
A lot of companies have told themselves that their presence will be a positive influence on problematic policy of a country they want to enter, but what ends up happening is that the policy is a corrupting influence on the principles of the company.
https://zalberico.com/essay/2020/06/13/zoom-in-china.html https://zalberico.com/essay/2020/06/13/zoom-in-china.html