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> These acts were designed to force them to "partner" with an Indian company. FWIW, China does this in just about any manufacturing/tech-related sector, and it
by _delirium 13y ago
> These acts were designed to force them to "partner" with an Indian company.
FWIW, China does this in just about any manufacturing/tech-related sector, and it's been pretty successful for them. The not-very-hidden intent of the requirement is to ensure that there's a Chinese partner who, it is hoped, will gain enough expertise from the joint venture to jettison the foreign partner in the next iteration (this might include "borrowing" some trade secrets). Hence e.g. Exxon's plants in China are all joint ventures, because they aren't allowed to open fully self-owned/operated plants.