Chinese Economics Thread

A

antiterror13

Brigadier
nugroho said:
since when Alibaba and tencent biggest stakeholder is Chinese or Chinese entity?
many years ago I ask in this forum, why Tencent and Alibaba is called China company, a senior guy proudly answer that it was because their head offices are in China, I laughed myself.
For me, Alibaba is Japan company doing business in China, and Tencent is South Africa/ Netherland company
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Well, because Alibaba and Tencent have to follow China's laws and regulation and the head office is in Beijing and employ mostly Mainlanders

Would you call Tencent is South Africa company even own ~20% ?

How would you call the owner of Microsoft, TSMC, ASML, Intel, Google, Facebook, etc ?
 
K

KYli

Brigadier
nugroho said:
since when Alibaba and tencent biggest stakeholder is Chinese or Chinese entity?
many years ago I ask in this forum, why Tencent and Alibaba is called China company, a senior guy proudly answer that it was because their head offices are in China, I laughed myself.
For me, Alibaba is Japan company doing business in China, and Tencent is South Africa/ Netherland company
Click to expand...
Softbank doesn't have the same voting rights as Jack Ma. In addition, even if you acquired Facebook, it is still American company unless you can move the company to another country and jurisdiction.
 
H

Hadoren

Junior Member
Registered Member
Early this year iRobot shifted substantial Roomba manufacturing from China to Malaysia.

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Today Malaysia announced a total lockdown as coronavirus went out of control. Malaysia is currently at 9% vaccination doses per population.

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Another exciting example of decoupling from China.
 
N

nugroho

Junior Member
antiterror13 said:
Well, because Alibaba and Tencent have to follow China's laws and regulation and the head office is in Beijing and employ mostly Mainlanders

Would you call Tencent is South Africa company even own ~20% ?

How would you call the owner of Microsoft, TSMC, ASML, Intel, Google, Facebook, etc ?
Click to expand...

I would call that before you can prove another nationality hold bigger stakes( I mean Tencent is go public in US and HK, who are the biggest stakeholder? Chinese nationality or western ones? ) , and you must go to the last individual in the stake holder tree. A lot of funds, free-tax country companies hold stakes in stockmarket, you cant end at them, you must go to the last owner in stake holder tree.
KYli said:
Softbank doesn't have the same voting rights as Jack Ma. In addition, even if you acquired Facebook, it is still American company unless you can move the company to another country and jurisdiction.
Click to expand...
I don't know how Alibaba arrange its voting rights, can you elaborate if you have prove? If not then let the old rule goes.
Why I bring who owns who, because huge non Chinese companies will not align with China. If it only looks for a great profit, then it is normal, but when it goes after a politic/security ones then it will be a dangerous threat
 
C

caudaceus

Senior Member
Registered Member
Hadoren said:
Early this year iRobot shifted substantial Roomba manufacturing from China to Malaysia.

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Today Malaysia announced a total lockdown as coronavirus went out of control. Malaysia is currently at 9% vaccination doses per population.

Please, Log in or Register to view URLs content!

Another exciting example of decoupling from China.
Click to expand...
What's irobot market share these days? It seems all friends and family members I know use Xiaomi's vacuum robot.
 
K

KYli

Brigadier
nugroho said:
I would call that before you can prove another nationality hold bigger stakes( I mean Tencent is go public in US and HK, who are the biggest stakeholder? Chinese nationality or western ones? ) , and you must go to the last individual in the stake holder tree. A lot of funds, free-tax country companies hold stakes in stockmarket, you cant end at them, you must go to the last owner in stake holder tree.

I don't know how Alibaba arrange its voting rights, can you elaborate if you have prove? If not then let the old rule goes.
Why I bring who owns who, because huge non Chinese companies will not align with China. If it only looks for a great profit, then it is normal, but when it goes after a politic/security ones then it will be a dangerous threat
Click to expand...
Both Tencent and Alibaba have dual voting structure.
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S

SilentObserver

Junior Member
Registered Member
Crang said:
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A China warning for global fashion brands from Leaf Greener, influencer and former Elle China editor: ‘Chinese people are really supporting Chinese culture right now’
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Younger generation in China are fueling the double digit percentage annual growth in the Hanfu industry. It doesn't mean everyone will wear hanfu and it also doesn't mean this is the future of Chinese fashion but it is an indication of a trend where the younger generation as both producers and consumers are gravitating towards their own traditional cultural elements for inspiration. We see this carry over into contemporary Chinese fashion with unique cultural elements.

Global luxury producers are currently dominated by European producers. While their products have appeal in China, the aesthetic preferences are changing.

Here's a Taiwanese channel reporting on hanfu fashion in Mainland China.
 
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