Why allow them to have the chance of thriving when no Chinese company will have a chance of thriving in America? A line has to be drawn. What better way than by slapping spying accusations against Tesla and force selling it on national security grounds?
Chinese Economics Thread
- Thread starter Norfolk
- Start date
First of all it’s a green technology, which is in alignment with China’s plans, And CCP has no good reason to reject companies like Tesla and Apple if they follow the rules and make good products.
Chinese workers in various specialties can get training and jobs. Competition is good for companies like BYD and Nio just like Apple was good competition for Huawei, Xiaomi, etc.
And don’t forget Tesla can make cars for the world in China just like how China made all the iPhones.
CCP made a calculated choice.
There is better way. How about making musk a Chinese? He is south african anyway
Tiktok is good competition for American social media companies but it is still being forced to sell off even after Trump lost. I'm just saying China has to draw a line at some point.
I’d like to see what happens under Biden before retaliation nuking China-US trade relations.
Remember, the side that becomes protectionist usually ends up losing in that sector.
Don’t end up like India.
@Bob Smith
Here read this new article, it’s probably the best I’ve read so far on the Indian economy.
It’s basically describes what not to do when governing an 1 billion+ overpopulated nation
India has lots of bright n talented people, sadly they fell to Western propaganda and compliments.
Here read this new article, it’s probably the best I’ve read so far on the Indian economy.
It’s basically describes what not to do when governing an 1 billion+ overpopulated nation
India has lots of bright n talented people, sadly they fell to Western propaganda and compliments.
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There's no need to boot out American companies who're investing in China creating jobs and introducing new technology. Let them embed themselves in the market so deeply that their exit later would be catastrophic for their bottom line. Create a dependency that would then work in your favour.
China is currently beating US at their own Capitalism and that frustration is resulting in these bans. US wants China to retaliate in a tit for tat manner so that it can then tell all foreign investors that China is a unreliable market.
Greater integration with the global economy is Chinas biggest strength. If PRC goes on a tit for tat bans then its integration will become weak and it will be more easier for US to cut China from the global economy.
US is currently triggered that except them no other country is going after China (Australia did and now they're begging China to not harm trade). The reason is simple, its integration . Nobody wants needless economic losses that can't be recovered. US can simply bail out their companies and print countless dollars to keep their economy afloat, other nations cant do that.
CNOOC shares are now down 12%. That's really bad. Apparently the more investors are learning about this ban, the worse it appears it will hurt the company.