3 ms·

Are western companies able to freely compete in China? Last I checked, no, they need local partners at best, or are blocked completely at worst. And not just Am

by km3r 4mo ago

Are western companies able to freely compete in China? Last I checked, no, they need local partners at best, or are blocked completely at worst. And not just American but any outside company.

King-Aaron 4mo ago
What their government does in regards to local industry is effectively what donald trump is attempting to do with the US economy. Except they do it well.
- km3r 4mo ago
  And I don't approve of Trump doing it either. And I'd certainly call it Trump being hostile to the entire world.
yorwba 4mo ago
This is now limited to only some restricted industries: https://www.ndrc.gov.cn/xxgk/zcfb/ghxwj/202504/P020250424307430450848.pdf https://www.ndrc.gov.cn/xxgk/zcfb/ghxwj/202504/P020250424307... Yes, the list is long, but it's a significant improvement to the before times when all industries were off limits save for a few exceptions where foreign investment was allowed. Notably, the car industry has been mostly unrestricted for a few years now.
selcuka 4mo ago
> And not just American but any outside company. Would you call that "hostility to the West"? Sounds like an attempt to protect their own interests.
- km3r 4mo ago
  It's benefiting from the globalized market without freely competing in it. It gives them a massive edge in many industries and the world couldn't say no because of cheap manufacturing. And certainly hostile when you add currency manipulation onto it as well.
  - joe_mamba 4mo ago
    >It's benefiting from the globalized market without freely competing in it. Ha, very rich criticism considering the US economy and stock market has been benefiting 1000x more from said "globalized market without freely competing in it", by printing money and exporting its inflation across the world with dampened consequences domestically, then using said printed money like liquid gold to buy valuable assets around the world (like real estate and innovative companies) thanks to its status as a reserve currency (something Charles De Gaulle complained about since the 1950s), a unique US cheat code enforced thought force via its massive military. >And certainly hostile when you add currency manipulation onto it as well. Again, very rich criticism considering the US's abusing its status as the reserve currency for its own benefit, see above.
tw1984 4mo ago
I consider you as a victim of the brainwashing by your main stream media. there are tons of western cars on Chinese roads, tesla was given free land and close to interest free loan to build its factory in Shanghai. there are numerous apple shops in China. guess how many Chinese cars are driving on US roads, how many Huawei phones are being sold in the US. if you are open to the idea of jumping out of your comfort zone of your favourite brainwashing media, some westerner actually went to China and counted every single car at an intersection for 30 minutes with all brands summarised. over 40% are western cars. https://www.youtube.com/watch?v=WZKbEj39gEw&t=1496s https://www.youtube.com/watch?v=WZKbEj39gEw&t=1496s again - it is not your fault, you are the victim. I just feel sad for you.
chadgpt3 4mo ago
Lots of countries are like that though. America has an unusually free system where anyone can do anything for better or worse, but Walmart failed in Germany by ignoring all the local processes like employee protections. (But I hear Aldi is taking over the UK!)
- km3r 4mo ago
  Employee protections aren't hostile, blocking Facebook while exporting Tiktok is a hostile trade imbalance.
  - joe_mamba 4mo ago
    >blocking Facebook while exporting Tiktok is a hostile trade imbalance The US also threatened to block tiktok unless China sold it to a local US oligarch(the Oracle guy). The US is no saint here. And good luck getting people to shed a tear for China blocking Facebook. Good riddance to both of them.
  - chadgpt3 4mo ago
    The Tiktok we get that's full of slop isn't allowed in China either. China has a completely different set of content on its TikTok. Trade imbalance is a skill issue and within the country they compete fairly.
joe_mamba 4mo ago
>Are western companies able to freely compete in China? Last I checked, no, they need local partners at best, Tesla operates Giga Shanghai fully independently and competes freely. >And not just American but any outside company. So did Italy, Germany, Japan and Korea to build up domestic auto industries otherwise Detroit would have steemroled them.
- km3r 4mo ago
  Giga Shanghai is the exception the proves the rule. It's one of the few, if only, foreign businesses that operate without a joint venture with a local company.
  - joe_mamba 4mo ago
    Again, nobody forces you to open your business or manufacture your stuff in China. Plenty of companies do not, like Google. Companies abided to ruthless Chinese rules because they were greedy and wanted to exploit the Chinese slave labor and also get access to Chinese market, but the CCP didn't put a gun to their head and forced them to come to China, they decided that themselves for the sake of the holy shareholder growth. And now, 2 decades after you've made your money, you're complaining over a consensual arrangement? And trade is always gonna be asymmetric, with rules in foreign countries that don't exist in the US. That's why the EU fines US companies regularly. China isn't much different. You want to operate in China, then you gotta follow the CCP rules. You don't? Then just leave. Easy.
mldqj 4mo ago
It's a myth. It depends on what the company does. Internet services? Yes, you need a domestic partner, because you'll disseminate information to the public. If you're in the automobile industry, you can import cars to China. China was Porsche's largest market until 2025, and all Porsches are imported. It used to be that a Chinese partner is needed to manufacture cars in China, but Tesla did not need one, and that policy was dropped. Anyway, it's nowhere close to the complete ban the US placed on Chinese cars. In many other industries, you can create a foreign-owned company and operate in China.

by km3r 4mo ago

Are western companies able to freely compete in China? Last I checked, no, they need local partners at best, or are blocked completely at worst. And not just American but any outside company.

King-Aaron 4mo ago

What their government does in regards to local industry is effectively what donald trump is attempting to do with the US economy. Except they do it well.

km3r 4mo ago
And I don't approve of Trump doing it either. And I'd certainly call it Trump being hostile to the entire world.

yorwba 4mo ago

This is now limited to only some restricted industries: https://www.ndrc.gov.cn/xxgk/zcfb/ghxwj/202504/P020250424307430450848.pdf https://www.ndrc.gov.cn/xxgk/zcfb/ghxwj/202504/P020250424307... Yes, the list is long, but it's a significant improvement to the before times when all industries were off limits save for a few exceptions where foreign investment was allowed. Notably, the car industry has been mostly unrestricted for a few years now.

selcuka 4mo ago

> And not just American but any outside company. Would you call that "hostility to the West"? Sounds like an attempt to protect their own interests.

km3r 4mo ago
It's benefiting from the globalized market without freely competing in it. It gives them a massive edge in many industries and the world couldn't say no because of cheap manufacturing. And certainly hostile when you add currency manipulation onto it as well.
- joe_mamba 4mo ago
  >It's benefiting from the globalized market without freely competing in it. Ha, very rich criticism considering the US economy and stock market has been benefiting 1000x more from said "globalized market without freely competing in it", by printing money and exporting its inflation across the world with dampened consequences domestically, then using said printed money like liquid gold to buy valuable assets around the world (like real estate and innovative companies) thanks to its status as a reserve currency (something Charles De Gaulle complained about since the 1950s), a unique US cheat code enforced thought force via its massive military. >And certainly hostile when you add currency manipulation onto it as well. Again, very rich criticism considering the US's abusing its status as the reserve currency for its own benefit, see above.

tw1984 4mo ago

I consider you as a victim of the brainwashing by your main stream media. there are tons of western cars on Chinese roads, tesla was given free land and close to interest free loan to build its factory in Shanghai. there are numerous apple shops in China. guess how many Chinese cars are driving on US roads, how many Huawei phones are being sold in the US. if you are open to the idea of jumping out of your comfort zone of your favourite brainwashing media, some westerner actually went to China and counted every single car at an intersection for 30 minutes with all brands summarised. over 40% are western cars. https://www.youtube.com/watch?v=WZKbEj39gEw&t=1496s https://www.youtube.com/watch?v=WZKbEj39gEw&t=1496s again - it is not your fault, you are the victim. I just feel sad for you.

chadgpt3 4mo ago

Lots of countries are like that though. America has an unusually free system where anyone can do anything for better or worse, but Walmart failed in Germany by ignoring all the local processes like employee protections. (But I hear Aldi is taking over the UK!)

km3r 4mo ago
Employee protections aren't hostile, blocking Facebook while exporting Tiktok is a hostile trade imbalance.
- joe_mamba 4mo ago
  >blocking Facebook while exporting Tiktok is a hostile trade imbalance The US also threatened to block tiktok unless China sold it to a local US oligarch(the Oracle guy). The US is no saint here. And good luck getting people to shed a tear for China blocking Facebook. Good riddance to both of them.
- chadgpt3 4mo ago
  The Tiktok we get that's full of slop isn't allowed in China either. China has a completely different set of content on its TikTok. Trade imbalance is a skill issue and within the country they compete fairly.

joe_mamba 4mo ago

>Are western companies able to freely compete in China? Last I checked, no, they need local partners at best, Tesla operates Giga Shanghai fully independently and competes freely. >And not just American but any outside company. So did Italy, Germany, Japan and Korea to build up domestic auto industries otherwise Detroit would have steemroled them.

km3r 4mo ago
Giga Shanghai is the exception the proves the rule. It's one of the few, if only, foreign businesses that operate without a joint venture with a local company.
- joe_mamba 4mo ago
  Again, nobody forces you to open your business or manufacture your stuff in China. Plenty of companies do not, like Google. Companies abided to ruthless Chinese rules because they were greedy and wanted to exploit the Chinese slave labor and also get access to Chinese market, but the CCP didn't put a gun to their head and forced them to come to China, they decided that themselves for the sake of the holy shareholder growth. And now, 2 decades after you've made your money, you're complaining over a consensual arrangement? And trade is always gonna be asymmetric, with rules in foreign countries that don't exist in the US. That's why the EU fines US companies regularly. China isn't much different. You want to operate in China, then you gotta follow the CCP rules. You don't? Then just leave. Easy.

mldqj 4mo ago

It's a myth. It depends on what the company does. Internet services? Yes, you need a domestic partner, because you'll disseminate information to the public. If you're in the automobile industry, you can import cars to China. China was Porsche's largest market until 2025, and all Porsches are imported. It used to be that a Chinese partner is needed to manufacture cars in China, but Tesla did not need one, and that policy was dropped. Anyway, it's nowhere close to the complete ban the US placed on Chinese cars. In many other industries, you can create a foreign-owned company and operate in China.