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And much reduced dividend payments. It is the difference between prioritizing market share over profits. Where an American company sees profits as an end goal
by sandworm101 2y ago
And much reduced dividend payments. It is the difference between prioritizing market share over profits. Where an American company sees profits as an end goal, a Chinese manufacturer sees profits as a tool to enable expansion and development. One is working for shareholders, the other to advance national goals.
- nickff 2y agoMany American companies have reinvested their revenue into R&D; notable large examples include Google and Amazon. I rode a Waymo today!