• Rinox@feddit.it
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    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
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      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.