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> You have to give away 50% of your local subsidiary just to operate there. I'm not sure how generally you meant to speak, but this is no longer true as a gene
by 55555 2y ago
> You have to give away 50% of your local subsidiary just to operate there.
I'm not sure how generally you meant to speak, but this is no longer true as a general claim.
"As of November 1, 2024, China has removed all restrictions on foreign investment in the manufacturing sector, allowing foreign investors, including Americans, to own up to 100% equity in Chinese manufacturing enterprises."
- wqaatwt 2y agoTrue. I missed that. Operating an online social network has nothing to do with manufacturing though. And investments into various telecommunications related areas are still restricted or outright banned. So foreign founded/owned TV stations like Fox News could never exist in China (for better or for worse).