To be clear: China bans foreign companies all the time, but doesn’t like it when other countries do the same?
Seriously, as long as they ban, block, filter, and require Chinese ownership of foreign companies I don’t see why they should expect or receive different from other countries.
>Also I think China hasn’t required Chinese ownership of foreign companies for over two decades now.
That is so far from the truth. And Tesla's case, ( I think ) it was because it was set up in a Special Economic Zone. Not to mention part of the deal was to have a JV / Partnership in battery construction. i.e Using Chinese Battery. ( Majority of the BOM in a EV )
Correct, they've stop requiring partial ownership, they've moved to "you can also operate through a mostly china-owned subsidiary". These subsidiaries often functionally require access to the IP of the real company. Mysteriously when these "partnerships" end other Chinese companies suddenly have similar IP.
> Seriously, as long as they ban, block, filter, and require Chinese ownership of foreign companies I don’t see why they should expect or receive different from other countries.
They'll stop impeding foreign companies once those are no longer able to compete - then they will say "We have opened our markets, so why do you exclude us from yours?"
So they expect trillion dollar companies they have purposefully excluded from their internet via their firewall, let alone banned from setting up shop there, to now listen to them? Hmmm :thinking face:
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[ 4.8 ms ] story [ 19.5 ms ] threadSeriously, as long as they ban, block, filter, and require Chinese ownership of foreign companies I don’t see why they should expect or receive different from other countries.
So they just don’t set up shop there.
Also I think China hasn’t required Chinese ownership of foreign companies for over two decades now.
For example, Tesla in China is a Wholly Foreign-Owned Enterprise.
That is so far from the truth. And Tesla's case, ( I think ) it was because it was set up in a Special Economic Zone. Not to mention part of the deal was to have a JV / Partnership in battery construction. i.e Using Chinese Battery. ( Majority of the BOM in a EV )
China knows how to play its card.
They'll stop impeding foreign companies once those are no longer able to compete - then they will say "We have opened our markets, so why do you exclude us from yours?"