China Summons Tech Giants to Warn Against Cooperating with Trump Ban(nytimes.com)
nytimes.com
China Summons Tech Giants to Warn Against Cooperating with Trump Ban
https://www.nytimes.com/2019/06/08/business/economy/china-huawei-trump.html
7 comments
> 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?"
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?"
Does China ban foreign companies? From what I’ve seen it’s mainly companies that can’t or won’t comply with China’s censorship laws.
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.
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.
>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 )
China knows how to play its card.
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 require joint ventures and China does indeed ban foreign companies based on arbitrary rules.
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.