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> I would like to know where you saw this. Not to be a jerk but I've never heard this and I'm more informed than most. You just mentioned an example yourself:
by DiogenesKynikos 2y ago
> I would like to know where you saw this. Not to be a jerk but I've never heard this and I'm more informed than most.
You just mentioned an example yourself: automobiles. This isn't specialized knowledge. You can read about China's JV policy, and how the list of affected industries has shrunk over time.
> They can mandate Tesla to export 100% of the cars at any time if they feel it threatens the local industry.
Anyone could theoretically do anything in the future. They haven't. In fact, they've been extremely welcoming to Tesla.
- wakawaka28 2y ago>You can read about China's JV policy, and how the list of affected industries has shrunk over time. Yes but I don't read Chinese. Like I said I have read about this stuff and never found another example besides Tesla. You said something about "particular industries" which implies there must be far more examples of exceptions to the JV rule. I haven't been able to find them. I thought you might have a good source since you're the one claiming that there are more exceptions. >Anyone could theoretically do anything in the future. They haven't. In fact, they've been extremely welcoming to Tesla. They have a history of welcoming outside companies until they get a domestic equivalent. For example this has happened to tech companies.
- DiogenesKynikos 2y agoThe key term here is the "negative list," which defines which sectors have restrictions on foreign investment.[0] The negative list has been shrinking over time. I don't know the details of each company, but I think many major US corporations, including Apple, Walmart and Nike, have wholly owned subsidiaries in China. > They have a history of welcoming outside companies until they get a domestic equivalent. I don't know if any example of this, though I know this is something Noah Smith always claims (and I have a dim view on his knowledge of China). The closest thing to this is what happened to Google and Facebook, but they were really just blocked because the government wanted them to censor information, and they apparently weren't playing ball. But in terms of the Chinese government chasing a foreign company out just because there's a Chinese equivalent, I've never actually heard of a specific example. 0. https://en.wikipedia.org/wiki/Negative_list_of_foreign_investment_in_China https://en.wikipedia.org/wiki/Negative_list_of_foreign_inves...