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I suspect this is more of a warning shot to others attempting the same playbook ("Singapore-washing", as I've heard folks call it): the state is watching, and s

I suspect this is more of a warning shot to others attempting the same playbook ("Singapore-washing", as I've heard folks call it): the state is watching, and shifting geopolitics means it's in their interest to retain successful talent and entities at home rather than let opposition have them. If anything, I'm genuinely surprised it took them this long. America's been doing this for decades without much in the way of pushback, so China must feel very confident in its position to use such tactics.

aesch 6mo ago
I don't know if America has done anything quite like this. The example I'm looking for is where a company starts in the US but leaves and incorporates outside the US and then the US attempts to block acquisition by a foreign company. Also, the enforcement mechanism while vague seems un-American. America might tax the company upon exit but it wouldn't hold the founders hostage in America. If you have examples I'd be curious.
- rzerowan 6mo ago
  Famously back in the day Grindr , which had a plot point in the Silicon Valley series . Probably more obscure ones that havent been heard of outside software in the Hard tech space like MotorSich (Ukranian) was being courted by Chinese investment got blocked due to US pressure. And very recently the whole TikTok fiasco.
- deleted 6mo ago
  [deleted]
- deleted 6mo ago
  [deleted]
- vkou 6mo ago
  The US doesn't need to do 'something like this', they can just bar you from the global financial system if they don't like you. [1] Or just order another country to snatch you up. > https://en.wikipedia.org/wiki/Meng_Wanzhou https://en.wikipedia.org/wiki/Meng_Wanzhou She was arrested, and was being extradited from Canada into the United States... Because her Chinese company was doing business with Iran. > https://en.wikipedia.org/wiki/Viktor_Bout https://en.wikipedia.org/wiki/Viktor_Bout This chap was arrested in Thailand, extradited, and did a decade in a US prison because he had the audacity of selling weapons from Russia to Colombia. I'm not sure how exactly US law is of any relevance to such transactions... --- [1] Or, since 2025, just shoot a missile at your boat, with an option for a follow-up salvo if there any survivors. Strangely enough, everyone who has managed to survive both the initial attack, and the double-tap has so far been repatriated to their countries of origin, with no charges filed by the US.
- cermicelli 6mo ago
  US has blocked merges of companies especially with Chinese and other non western companies. Including Japan, India etc. For instance US Steel acquisition by Nippon Steel(japanese) is one such example. https://www.bbc.com/news/articles/cx2vz83pg9eo https://www.bbc.com/news/articles/cx2vz83pg9eo More examples, Ant Group(chinese) tried to buy MoneyGram (blocked in 2018) https://www.reuters.com/article/business/us-blocks-moneygram-sale-to-chinas-ant-financial-on-national-security-concern-idUSKBN1ET039/ https://www.reuters.com/article/business/us-blocks-moneygram... Xiamen Sanan Optoelectronics tried buying Lumileds, blocked again by US. Also Chinese ofc. Broadcom and Qualcomm deal was also blocked, Broadcom was then Singapore based in process of moving to US I believe... (very sus happened in 2018 too, someone didn't pay Donald enough) https://thediplomat.com/2014/02/india-inc-and-the-cfius-national-security-review/ https://thediplomat.com/2014/02/india-inc-and-the-cfius-nati... Indian company forced to divest from US tech firm... (2013) I am certain there must be European examples as well but smaller ofc, AI companies are over valued these days, most acquisitions were never this big in the olden days of pre 2020s... I know for a fact that most folks don't want to invest in US for this reason other than in public equities or bonds ofc. Private foreign investment in US has been high only due to European pensions and Middle-eastern money going into it. I don't know about how fair, far, or right it was compared to these were, detaining founders is also not confirmed, but sure let's assume it's true still... Only difference in US is perhaps foreign folks can sue over it. Sometimes, if they are lucky and if the deal is worth it. I find it strange people of HN being based in US can be so ill informed of what their country, does to foreign companies but be mad about things foreign companies do to them? I mean sure rest(96%) of the world doesn't really exist, it's but a myth or a land the better folks of US only want to take value when needed? Unsure what this comment meant, this has happened before as well btw, these are just post 2010s examples because they are relevant. Russians and US used to do this too, India and US were worse of pre-2000s, Japan and US were at their throats in 1980s, in terms of trade and acquisition...
- DontBreakAlex 6mo ago
  You don't need to incorporate in the US for this to happen to you. You should look up what happened to Marc Lasus after he founded Gemplus (spoiler, he's on social security while the company the CIA stole from him has $3b revenue) or how Frédéric Pierucci was taken hostage to force the sale of France's nuclear reactors to General Electric. I assume the US does this to all the other countries too.
  - justinclift 6mo ago
    For reference: https://en.wikipedia.org/wiki/Fr%C3%A9d%C3%A9ric_Pierucci#Imprisonment_in_the_United_States https://en.wikipedia.org/wiki/Fr%C3%A9d%C3%A9ric_Pierucci#Im... This is relevant too: https://www.bbc.co.uk/news/world-europe-47765974 https://www.bbc.co.uk/news/world-europe-47765974
- capitalhilbilly 6mo ago
  Being stopped that late is a bit different than the US AFAIK, but there is certainly the possibility of being stopped from work and (depending how you react) prevented from leaving the US for purely economic inventions: https://en.wikipedia.org/wiki/Invention_Secrecy_Act https://en.wikipedia.org/wiki/Invention_Secrecy_Act I find it notable that the US' actual checks on government have worked against expanding the secrecy act further into economic protectionism for favored industries, etc.
- cma 6mo ago
  We maintained control of EUV tech after selling key parts to the Dutch, but that came out of US public-private partnerships and not pure private.
reissbaker 6mo ago
You've been all over this this thread responding with the same whataboutist comments claiming America does the same thing. And yet, I'm pretty sure America hasn't held American citizens hostage in order to force them to unwind a sale of a foreign company they founded to a different foreign company.
- stego-tech 6mo ago
  [flagged]
  - nerdsniper 6mo ago
    Just last year the USA de-banked (from EU banks) EU citizens who are International Criminal Court officials for "opening preliminary investigations against Israeli personnel". The USA wields incredible power over financial interactions.
    - stego-tech 6mo ago
      THANK YOU, I knew I was overlooking a recent example in favor of historical ones!
      - Alive-in-2025 6mo ago
        Trump is making it worse, but there had been examples of bad behavior. Now the US is completely uncontrolled. I can't say we wouldn't do something like happened here (trying to stop a foreign company from selling stuff or developing stuff) if it was doing something significant about weapons or ai.
    - deleted 6mo ago
      [deleted]
  - stickfigure 6mo ago
    > You're right. You should have just left it at that.
  - 6mo ago
strangegecko 6mo ago
What examples do you have of the US government doing to CEOs what has happened to people like Jack Ma and many other public figures? For China, there are so many examples of people doing 180s and being full of contrition after those interventions, it's hard to imagine anything but severe intimidation or worse happening behind closed doors.
- ninjagoo 6mo ago
  https://en.wikipedia.org/wiki/Joseph_Nacchio https://en.wikipedia.org/wiki/Joseph_Nacchio
  - refurb 6mo ago
    A guy committing insider trading ain’t the same thing
- cma 6mo ago
  https://www.politico.com/live-updates/2025/01/16/congress/tiktok-sponsor-trump-inauguration-party-00198825 https://www.politico.com/live-updates/2025/01/16/congress/ti...
axus 6mo ago
I'm totally fine with what-about-ism here; making China a better place to live and do business is out of my jurisdiction and doesn't help me, encouraging the USA to do better will.

aesch 6mo ago

I don't know if America has done anything quite like this. The example I'm looking for is where a company starts in the US but leaves and incorporates outside the US and then the US attempts to block acquisition by a foreign company. Also, the enforcement mechanism while vague seems un-American. America might tax the company upon exit but it wouldn't hold the founders hostage in America. If you have examples I'd be curious.

rzerowan 6mo ago
Famously back in the day Grindr , which had a plot point in the Silicon Valley series . Probably more obscure ones that havent been heard of outside software in the Hard tech space like MotorSich (Ukranian) was being courted by Chinese investment got blocked due to US pressure. And very recently the whole TikTok fiasco.
deleted 6mo ago
[deleted]
deleted 6mo ago
[deleted]
vkou 6mo ago
The US doesn't need to do 'something like this', they can just bar you from the global financial system if they don't like you. [1] Or just order another country to snatch you up. > https://en.wikipedia.org/wiki/Meng_Wanzhou https://en.wikipedia.org/wiki/Meng_Wanzhou She was arrested, and was being extradited from Canada into the United States... Because her Chinese company was doing business with Iran. > https://en.wikipedia.org/wiki/Viktor_Bout https://en.wikipedia.org/wiki/Viktor_Bout This chap was arrested in Thailand, extradited, and did a decade in a US prison because he had the audacity of selling weapons from Russia to Colombia. I'm not sure how exactly US law is of any relevance to such transactions... --- [1] Or, since 2025, just shoot a missile at your boat, with an option for a follow-up salvo if there any survivors. Strangely enough, everyone who has managed to survive both the initial attack, and the double-tap has so far been repatriated to their countries of origin, with no charges filed by the US.
cermicelli 6mo ago
US has blocked merges of companies especially with Chinese and other non western companies. Including Japan, India etc. For instance US Steel acquisition by Nippon Steel(japanese) is one such example. https://www.bbc.com/news/articles/cx2vz83pg9eo https://www.bbc.com/news/articles/cx2vz83pg9eo More examples, Ant Group(chinese) tried to buy MoneyGram (blocked in 2018) https://www.reuters.com/article/business/us-blocks-moneygram-sale-to-chinas-ant-financial-on-national-security-concern-idUSKBN1ET039/ https://www.reuters.com/article/business/us-blocks-moneygram... Xiamen Sanan Optoelectronics tried buying Lumileds, blocked again by US. Also Chinese ofc. Broadcom and Qualcomm deal was also blocked, Broadcom was then Singapore based in process of moving to US I believe... (very sus happened in 2018 too, someone didn't pay Donald enough) https://thediplomat.com/2014/02/india-inc-and-the-cfius-national-security-review/ https://thediplomat.com/2014/02/india-inc-and-the-cfius-nati... Indian company forced to divest from US tech firm... (2013) I am certain there must be European examples as well but smaller ofc, AI companies are over valued these days, most acquisitions were never this big in the olden days of pre 2020s... I know for a fact that most folks don't want to invest in US for this reason other than in public equities or bonds ofc. Private foreign investment in US has been high only due to European pensions and Middle-eastern money going into it. I don't know about how fair, far, or right it was compared to these were, detaining founders is also not confirmed, but sure let's assume it's true still... Only difference in US is perhaps foreign folks can sue over it. Sometimes, if they are lucky and if the deal is worth it. I find it strange people of HN being based in US can be so ill informed of what their country, does to foreign companies but be mad about things foreign companies do to them? I mean sure rest(96%) of the world doesn't really exist, it's but a myth or a land the better folks of US only want to take value when needed? Unsure what this comment meant, this has happened before as well btw, these are just post 2010s examples because they are relevant. Russians and US used to do this too, India and US were worse of pre-2000s, Japan and US were at their throats in 1980s, in terms of trade and acquisition...
DontBreakAlex 6mo ago
You don't need to incorporate in the US for this to happen to you. You should look up what happened to Marc Lasus after he founded Gemplus (spoiler, he's on social security while the company the CIA stole from him has $3b revenue) or how Frédéric Pierucci was taken hostage to force the sale of France's nuclear reactors to General Electric. I assume the US does this to all the other countries too.
- justinclift 6mo ago
  For reference: https://en.wikipedia.org/wiki/Fr%C3%A9d%C3%A9ric_Pierucci#Imprisonment_in_the_United_States https://en.wikipedia.org/wiki/Fr%C3%A9d%C3%A9ric_Pierucci#Im... This is relevant too: https://www.bbc.co.uk/news/world-europe-47765974 https://www.bbc.co.uk/news/world-europe-47765974
capitalhilbilly 6mo ago
Being stopped that late is a bit different than the US AFAIK, but there is certainly the possibility of being stopped from work and (depending how you react) prevented from leaving the US for purely economic inventions: https://en.wikipedia.org/wiki/Invention_Secrecy_Act https://en.wikipedia.org/wiki/Invention_Secrecy_Act I find it notable that the US' actual checks on government have worked against expanding the secrecy act further into economic protectionism for favored industries, etc.
cma 6mo ago
We maintained control of EUV tech after selling key parts to the Dutch, but that came out of US public-private partnerships and not pure private.

reissbaker 6mo ago

You've been all over this this thread responding with the same whataboutist comments claiming America does the same thing. And yet, I'm pretty sure America hasn't held American citizens hostage in order to force them to unwind a sale of a foreign company they founded to a different foreign company.

stego-tech 6mo ago
[flagged]
- nerdsniper 6mo ago
  Just last year the USA de-banked (from EU banks) EU citizens who are International Criminal Court officials for "opening preliminary investigations against Israeli personnel". The USA wields incredible power over financial interactions.
  - stego-tech 6mo ago
    THANK YOU, I knew I was overlooking a recent example in favor of historical ones!
    - Alive-in-2025 6mo ago
      Trump is making it worse, but there had been examples of bad behavior. Now the US is completely uncontrolled. I can't say we wouldn't do something like happened here (trying to stop a foreign company from selling stuff or developing stuff) if it was doing something significant about weapons or ai.
  - deleted 6mo ago
    [deleted]
- stickfigure 6mo ago
  > You're right. You should have just left it at that.
- 6mo ago

strangegecko 6mo ago

What examples do you have of the US government doing to CEOs what has happened to people like Jack Ma and many other public figures? For China, there are so many examples of people doing 180s and being full of contrition after those interventions, it's hard to imagine anything but severe intimidation or worse happening behind closed doors.

ninjagoo 6mo ago
https://en.wikipedia.org/wiki/Joseph_Nacchio https://en.wikipedia.org/wiki/Joseph_Nacchio
- refurb 6mo ago
  A guy committing insider trading ain’t the same thing
cma 6mo ago
https://www.politico.com/live-updates/2025/01/16/congress/tiktok-sponsor-trump-inauguration-party-00198825 https://www.politico.com/live-updates/2025/01/16/congress/ti...

axus 6mo ago

I'm totally fine with what-about-ism here; making China a better place to live and do business is out of my jurisdiction and doesn't help me, encouraging the USA to do better will.