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by Chaebixi
3115 days ago
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Adding up your numbers: Tencent: 40% foreign owned
Alibaba: 45% foreign owned
Baidu: 35% foreign owned None of those are majority or controlling stakes. Which is hardly the... > Baidu, Alibaba and Tencent are all largely owned by foreign investors, even though they are operated by Chinese personnel. ...of the ancestor comment. China has long welcomed foreign investment while simultaneously rejecting foreign control. |
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