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[-] Rinox@feddit.it 5 points 8 months ago

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

[-] UnderpantsWeevil@lemmy.world -1 points 8 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.

this post was submitted on 22 Mar 2024
1062 points (93.7% liked)

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