Ricky Rigatoni@lemm.ee to Political Memes@lemmy.world · 3 months agoIt's only okay when MY favorite country does it.lemm.eeimagemessage-square173fedilinkarrow-up11.13Karrow-down176
arrow-up11.06Karrow-down1imageIt's only okay when MY favorite country does it.lemm.eeRicky Rigatoni@lemm.ee to Political Memes@lemmy.world · 3 months agomessage-square173fedilink
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkarrow-up17arrow-down1·3 months agoThey’re functionally forcing the sale of the company to a US Firm at fire sale prices.
minus-squareRinox@feddit.itlinkfedilinkarrow-up6arrow-down1·3 months agoYeah, you are right. They should do like they do in China, sell to a JV with a local company at fire sales price… Oh wait
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkarrow-up2arrow-down3·3 months ago sell to a JV with a local company at fire sales price The Chinese policy is to share ownership with locals, so that a firm isn’t simply extracting wealth from the Chinese market. The American policy is to seize a pre-existing firm after it has developed, by accusing its Singapore founder of being a secret Chinese Communist.
They’re functionally forcing the sale of the company to a US Firm at fire sale prices.
Yeah, you are right. They should do like they do in China, sell to a JV with a local company at fire sales price… Oh wait
The Chinese policy is to share ownership with locals, so that a firm isn’t simply extracting wealth from the Chinese market.
The American policy is to seize a pre-existing firm after it has developed, by accusing its Singapore founder of being a secret Chinese Communist.