3 ms·
Rogue state. Imagine if China had done this to a US company.
by mcantelon 14y ago
Rogue state. Imagine if China had done this to a US company.
- ktizo 14y agoGiven that this case required the cooperation of Hong-Kong police, they are now sort of entitled to. I would be very surprised if they do not at some point expect the favour to be repaid.
- rprasad 14y agoChina has done this to U.S. companies in China, repeatedly, over and over and over again. The U.S. was able to do this to a Hong Kong company only because it had an agreement with Chinese authorities (specifically, in Hong Kong as it is economically separate from the rest of the mainland) to do so.
- hobin 14y ago"China has done this to U.S. companies in China, repeatedly, over and over and over again." I'm curious. Can you can name a few examples?
- rprasad 14y agoThe only one I can name off the top of my head is Apex Digital (b/c it was HQ'd close to where I grew up). Apex was competing with a Chinese state-owned agency and rejected a buyout offer. Chinese officials arrested its CEO on fraud charges and tried to sieze the company's Chinese operating assets to give to the Chinese company. Eventually, Apex went bankrupt fighting the case. There are many more; the common thread is usually that these companies are competing with Chinese companies.
- Foy 14y agoKey phrase being "U.S. companies in China". Not "U.S. companies who don't operate in China".
- slurgfest 14y agoThat is not the meaning of "Rogue State" and never has been. US companies have to play ball in China in all kinds of interesting ways, as a matter of fact...