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China may be communist by branding, but they're economically capitalist, and on a governmental front, mercanalist. Common ownership is not a thing, and it's all
by Incipient 4y ago
China may be communist by branding, but they're economically capitalist, and on a governmental front, mercanalist. Common ownership is not a thing, and it's all about pushing locally made and exporting as much as possible by all means necessary.
- mpol 4y agoAha, so all-eating capitalism without having healthy limits set by socialism.
- forgetfreeman 4y agoI don't disagree on any particular point, I'm just old enough to remember when none of what you mention was the case, and American corporations were gleefully eyeing China as their next market expansion target. Without exception they got out-played at their own game.
- ramchip 4y agoI feel at least Apple has done pretty well in China.
- happymellon 4y agoProbably because they dont sell on Amazon.
- fragmede 4y agoApple does sell on Amazon, though perhaps indirectly. https://www.amazon.com/stores/Apple/Apple/page/77D9E1F7-0337-4282-9DB6-B6B8FB2DC98D https://www.amazon.com/stores/Apple/Apple/page/77D9E1F7-0337... I think there is more to their success than that though.
- happymellon 4y agoInteresting, I don't seem to be able to see any Apple store in the Amazon UK site.
- someguydave 4y agoUhh how is that iphone Foxconn plant doing these days?
- forgetfreeman 4y agoSure, and the IP transfers required to make that happen played a huge role in modernizing the Chinese tech/fab industry. So even that represents a phyrric victory from a nationalist-industrialist perspective.
- chrischen 4y agoThey definitely stick their hand in the free market a lot.