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"You literally have to operate through a Chinese owned joint venture company." Are you saying 100% of foreign-owned tech companies in China are operated via jo
by rahimnathwani 3y ago
"You literally have to operate through a Chinese owned joint venture company."
Are you saying 100% of foreign-owned tech companies in China are operated via joint ventures?
- gretch 3y agoI can't speak for 100%. Maybe there's some small fish that flies under the radar (which is not the context of what tiktok is doing in the US). If you look at what Google was doing with project dragonfly (before it was shut down), they opened a JV to operate it: https://theintercept.com/2018/09/21/google-suppresses-memo-revealing-plans-to-closely-track-search-users-in-china/ https://theintercept.com/2018/09/21/google-suppresses-memo-r... This is generally true as well, though I do not have a source for the general law. But it obviously applies to Google