• Rinox@feddit.it
      link
      fedilink
      arrow-up
      6
      arrow-down
      1
      ·
      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
        link
        fedilink
        arrow-up
        2
        arrow-down
        4
        ·
        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.

        • YeetPics
          link
          fedilink
          arrow-up
          1
          ·
          8 months ago

          What’s the Chinese policy on breaking IP laws?

          I’d hate to think Chinese firms would be profiting by not honoring trademarked designs and ideas simply to extract wealth.