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Why should any country allow Chinese industries when they haven't reciprocated the same for decades? There is geniune hatred towards China and it's gonna incre
by throwccp 2y ago
Why should any country allow Chinese industries when they haven't reciprocated the same for decades?
There is geniune hatred towards China and it's gonna increase no matter what
- constantcrying 2y ago>Why should any country allow Chinese industries when they haven't reciprocated the same for decades? What are you on about. EU car makers are currently competing heavily in China. China is VWs biggest market. The situation is the exact reversal of what you portray.
- qiqitori 2y agoEU car makers in China usually aren't. They're usually set up as joint ventures, so they're 50% EU and 50% Chinese car makers.
- constantcrying 2y agoYes, and this means the EU companies can't profit?
- lossolo 2y agoIn December 2020, Volkswagen gained majority control of its Chinese joint venture JAC-VW, controlling 75% of its Chinese business operation. Joint venture is a choice currently not a requirement. Tesla is also free of it.
- deepfriedchokes 2y agoThe technology transfer already happened. They don’t need the joint venture anymore.
- DiogenesKynikos 2y agoVW maintained its technological lead over Chinese competitors in internal combustion engines for decades, despite JV and tech transfer agreements. The tech transfer is much less significant than you seem to think.