5 ms·

I'm surprised they didn't do it sooner. What can you expect the response to be from things like ME? If we can ban tiktok with a straight face they reasonably c

I'm surprised they didn't do it sooner. What can you expect the response to be from things like ME? If we can ban tiktok with a straight face they reasonably could ban all US made processors under the secure but with anti competitive cherry logic.

tw04 3y ago
They already banned Facebook with a straight face a long time ago. And insist that western companies give joint ownership of subsidiaries doing business in China to a Chinese company. The US is hardly the aggressor on this one. They’ve simply been taking advantage of American greed for several decades and it’s finally catching up to them.
- pokepim 3y ago
  I think it’s not a facebook ban per se but more like set of regulations (like no nsfw content and so on) that you need to meet to operate a business in the country. Facebook couldn’t care to meet those rules so they aren’t allowed to operate. Apple, Tesla and thousands other american businesses can still operate.
  - bdd8f1df777b 3y ago
    It was that in the beginning. Then Zuckerberg had a change of heart and was willing to cooperate with the Chinese authorities on censorship and came to Beijing multiple times to express his newfound friendliness. Yet the Chinese government still shunned him. Not sure why.
    - ethbr1 3y ago
      Because the CCP understands network effects and first mover advantage. And they see a locally-owned social network that can be repurposed for government surveillance/control as a strategic priority. Facebook obeying the rules today is less important than Facebook being compliant with (and quiet about) whatever edict is handed down next year.
- aragonite 3y ago
  > They already banned Facebook with a straight face a long time ago Zuckerberg himself said in his 2019 speech that they don't operate in China because "we could never come to agreement on what it would take for us to operate there." American tech companies absolutely can operate in China if they agree to abide by local censorship rules (like Bing is doing for China, like Google was going to do with Dragonfly, or like YouTube is doing for India). Facebook also has a substantial ad business in China [1] > And insist that western companies give joint ownership of subsidiaries doing business in China to a Chinese company. According to the Department of Commerce (https://www.export.gov/apex/article2?id=China-Establishing-an-Office https://www.export.gov/apex/article2?id=China-Establishing-a...), > A large majority of new foreign investments in China are WFOEs [wholly foreign owned enterprises], rather than JVs. As Chinese legal entities, WFOEs experience greater independence than ROs, are allowed exclusive control over carrying out business activities while abiding by Chinese law and are granted intellectual and technological rights. Also (https://arc-group.com/china-company-setup/ https://arc-group.com/china-company-setup/): > WFOE refers to a limited liability company that is 100% invested, owned by foreign investors, and independently operated. Almost 60% of foreign-owned companies are WFOEs, making it the most adopted business type. Famous multinational companies such as Apple, Amazon, Oracle, and General Electric are all examples of WFOEs. [1] > Facebook sells more than $5 billion a year worth of ad space to Chinese businesses and government agencies looking to promote their messages abroad, analysts estimate. That makes China Facebook's biggest country for revenue after the United States, which delivered $24.1 billion in advertising sales in 2018 (https://www.cnbc.com/amp/2020/01/07/facebook-makes-a-new-ad-sales-push-in-china.html https://www.cnbc.com/amp/2020/01/07/facebook-makes-a-new-ad-...)
  - a_random_canuck 3y ago
    > while abiding by Chinese law This includes Chinese national security law which is far more invasive than the US law. The party can order a company to do anything they want, or make any physical places they want available to them, and everything is kept under permanent gag order.
    - aragonite 3y ago
- DiogenesKynikos 3y ago
  > And insist that western companies give joint ownership of subsidiaries doing business in China to a Chinese company. Your information is out of date. This has been progressively phased out over the last 30 years, and is no longer required in most industries. Just to give you an example, Tesla fully owns its operations in China.
shrimp_emoji 3y ago
I wanna ban ME from my house. :D

tw04 3y ago

They already banned Facebook with a straight face a long time ago. And insist that western companies give joint ownership of subsidiaries doing business in China to a Chinese company. The US is hardly the aggressor on this one. They’ve simply been taking advantage of American greed for several decades and it’s finally catching up to them.

pokepim 3y ago
I think it’s not a facebook ban per se but more like set of regulations (like no nsfw content and so on) that you need to meet to operate a business in the country. Facebook couldn’t care to meet those rules so they aren’t allowed to operate. Apple, Tesla and thousands other american businesses can still operate.
- bdd8f1df777b 3y ago
  It was that in the beginning. Then Zuckerberg had a change of heart and was willing to cooperate with the Chinese authorities on censorship and came to Beijing multiple times to express his newfound friendliness. Yet the Chinese government still shunned him. Not sure why.
  - ethbr1 3y ago
    Because the CCP understands network effects and first mover advantage. And they see a locally-owned social network that can be repurposed for government surveillance/control as a strategic priority. Facebook obeying the rules today is less important than Facebook being compliant with (and quiet about) whatever edict is handed down next year.
aragonite 3y ago
> They already banned Facebook with a straight face a long time ago Zuckerberg himself said in his 2019 speech that they don't operate in China because "we could never come to agreement on what it would take for us to operate there." American tech companies absolutely can operate in China if they agree to abide by local censorship rules (like Bing is doing for China, like Google was going to do with Dragonfly, or like YouTube is doing for India). Facebook also has a substantial ad business in China [1] > And insist that western companies give joint ownership of subsidiaries doing business in China to a Chinese company. According to the Department of Commerce (https://www.export.gov/apex/article2?id=China-Establishing-an-Office https://www.export.gov/apex/article2?id=China-Establishing-a...), > A large majority of new foreign investments in China are WFOEs [wholly foreign owned enterprises], rather than JVs. As Chinese legal entities, WFOEs experience greater independence than ROs, are allowed exclusive control over carrying out business activities while abiding by Chinese law and are granted intellectual and technological rights. Also (https://arc-group.com/china-company-setup/ https://arc-group.com/china-company-setup/): > WFOE refers to a limited liability company that is 100% invested, owned by foreign investors, and independently operated. Almost 60% of foreign-owned companies are WFOEs, making it the most adopted business type. Famous multinational companies such as Apple, Amazon, Oracle, and General Electric are all examples of WFOEs. [1] > Facebook sells more than $5 billion a year worth of ad space to Chinese businesses and government agencies looking to promote their messages abroad, analysts estimate. That makes China Facebook's biggest country for revenue after the United States, which delivered $24.1 billion in advertising sales in 2018 (https://www.cnbc.com/amp/2020/01/07/facebook-makes-a-new-ad-sales-push-in-china.html https://www.cnbc.com/amp/2020/01/07/facebook-makes-a-new-ad-...)
- a_random_canuck 3y ago
  > while abiding by Chinese law This includes Chinese national security law which is far more invasive than the US law. The party can order a company to do anything they want, or make any physical places they want available to them, and everything is kept under permanent gag order.
  - aragonite 3y ago
DiogenesKynikos 3y ago
> And insist that western companies give joint ownership of subsidiaries doing business in China to a Chinese company. Your information is out of date. This has been progressively phased out over the last 30 years, and is no longer required in most industries. Just to give you an example, Tesla fully owns its operations in China.

shrimp_emoji 3y ago

I wanna ban ME from my house. :D