• UnderpantsWeevil@lemmy.world
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    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
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      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.