• Rinox@feddit.it
    link
    fedilink
    arrow-up
    6
    arrow-down
    1
    ·
    9 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
      3
      ·
      9 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.