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It wouldn't be half the local profits, it would be the whole thing in the end. They start with the scenario you mention, then they push the weakened foreign en
by adventured 3y ago
It wouldn't be half the local profits, it would be the whole thing in the end.
They start with the scenario you mention, then they push the weakened foreign entity out of China entirely. They did that to numerous, huge US brands/companies, including McDonalds and AWS. They make it inhospitable to continue to exist at all in China, then a ditch sale becomes the only viable option for the US company.
- rightbyte 3y agoMcDonalds? They seem to invest. They are terrible though compared to the US variants and really expensive compared to real food in restaurants localy. https://www.businessinsider.com/mcdonalds-continues-china-expansion-amid-growing-demand-for-fast-food-2024-2?r=US&IR=T https://www.businessinsider.com/mcdonalds-continues-china-ex...