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by est 2227 days ago
> Didn't China require any foreign company to be controlled by Chinese to get access to the Chinese market?

It varies by industry. And loosened quite a bit since the trade war.

The most recent case:

Exxon Mobil starts building $10 billion China petrochemical complex

https://www.reuters.com/article/us-exxonmobil-china-petroche...

Now Shanghai FTZ allows foreign Internet services operate without the ICP licence. Interesting times.