4 ms·
Doesn’t TEMU have CCP ties? Free market is for businesses and individuals and foreign govt entities should not unfairly benefit from a free market.
by thesmtsolver2 4mo ago
Doesn’t TEMU have CCP ties? Free market is for businesses and individuals and foreign govt entities should not unfairly benefit from a free market.
- thenthenthen 4mo agoTies as in pay tax to ccp. In China Temu is called pinduoduo (拼多多)and you can buy some wild stuff there, the regulation on mainland seems also pretty lax i mean.
- frogcoder 4mo agoSorry, ties, as CCP party committees inside private firms. And in case of Temu, it also has a data-sharing agreement with People's Daily [1], a CCP controlled media group. Just image having a mandatory political party inside every American corporation which the board has no control over. 1. https://www.washingtonpost.com/national-security/2024/05/01/china-data-propaganda-aspi-report/ https://www.washingtonpost.com/national-security/2024/05/01/...
- nickff 4mo agoEvery major PRoC company is required to have CCP ties; in addition to 'paying for facilitation' by local officials, a certain percentage of their employees must be CCP members.
- cm2012 4mo agoAll big companies in China are partially run by the CCP. Just how it works there.
- kvgr 4mo agoEverybody in china that gets big has CCP ties. No way around it. Their car manufacturers are all propped up by government.
- guilhas 4mo agoDont US law makers have stocks in the companies they regulate? Without term limits? And Tesla even gets paid per car sold America is not China, but how close is it getting?
- miohtama 4mo agoDoesn't Bezos have Trump ties?
- NoGravitas 4mo agoAmazon has acquired several companies that were originally funded by In-Q-Tel, the CIA's venture capital front. This is pretty common in the tech industry. Some major tech companies, such as Palantir, were In-Q-Tel startups, and some began as CIA projects before In-Q-Tel was founded (Oracle).
- tsol 4mo agoLast I heard the US govt is taking equity in some private industry too.