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> If you were a Chinese company that only intended to operate within China, you had no reason not to move legal and leadership operations to Shanghai. Where's
by re-thc 8mo ago
> If you were a Chinese company that only intended to operate within China, you had no reason not to move legal and leadership operations to Shanghai.
Where's the example where you're a Chinese company with most revenue in China (for now) but do sell elsewhere and anyhow, there are lots of reasons to not 100% stick to China,
e.g. gaming companies have moved to Singapore in masses (at least some capacity) due to time and time of gaming crackdowns and censorship
- alephnerd 8mo agoGaming and Social Media in China is slightly different given how significant western capital was in the sector in the 2000s and 2010s compared to other portions of the Chinese tech industry. For example, the whole ByteDance/TikTok imbroligo is due to Susquehanna trying to exit it's Chinese investments which are locked within China. During the 2019-23 period, boards in startups that had Western investors increasingly demanded that either Chinese investors buy them out or that they shift domicile so an alternative path to exit could be found.