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The same way Chinese tech companies “compete” with Western ones: By not permitting them to do business in China.
by p-e-w 7mo ago
The same way Chinese tech companies “compete” with Western ones: By not permitting them to do business in China.
- yardie 7mo agoThey are permitted to do business there. You just have to make a bargain with the devil. 50% of your domestically incorporated branch is Chinese owned. Then you have the requisite technology and IP transfer. Most sensible companies would not accept such a bargain, but you have quite a few investors only interested in the next quarterly profit going up to the right. And they've made that bargain repeatedly.