[temac]

There is the question of the long term effect of policies like even just threatening to block major Chinese actors thanks to doubtful instruments (the US is basically the only power that attempts and manages to rule the world by claiming and effectively constructing jurisdiction on everything that touches a US dollar, or any kind of tech that has even just minor relationship with the US). Meanwhile the China has already become a major power and even just the threat of a tech blockade will motivate them to develop their own; and we are now past the mere threat points...

What will happen when they will own all the supply chains and the buyers will have the choice between US tech, with their propension to want to rule the world, or Chinese tech; of course China may eventually do the same thing as the US, but strategically it is easy enough to not do it for long enough so that it is a major advantage to develop their market.

In (at least parts of) the EU, btw, we see this attitude of the US as a critical problem, more than a solution... As far as those kind of affairs are concerned, we don't view the US as a close ally but more as a distant cousin which is sometimes even a blatant economic enemy, especially when they attempt and do rule the world through $US and tech policies (and demonstrated, not only suspected, systematized world scale espionage). For example the embargo on Iran is particularly problematic. The China might be "worse" than the US in some dimensions, including critical ones, but there are some movement in the EU to guarantee/redevelop our independence from the US too, and this involves developing our own versions of more technologies which are for now originating from the US in a far too large proportion, given their policies and the risk they produce. (For some of those projects already existing, I suspect they initially won't be very successful, but that is another issue; if the problem becomes more pressing, there is no reason to not be able to do it: 10 or 20 years is an eternity in tech, but international equilibrium is a longterm affair)

[maxdo]

Those actors exist only because China blocks US movies in their theaters to 10 a year(!!). US movie industry creates so-called joint movies with the only goal to avoid these quotas. That's how Chinese capital suddenly got access to US movie companies, Chinese actors start appearing in US movies.

It's a pretty much mafia move and has nothing to do with fair trade.

Somehow Korea managed to create best movie of the year without this mafia-style ruling. They use the weaknesses of regular people who want gains now.

[andyzweb]

Korea just has a different mafia-style rule in the form of chaebol

[maxdo]

This particular post was about the movie industry. Korea went in a different, much more competitive way, unlike China.

[dragonsh]

Brush up on Korea, there neither google nor Apple map can provide you navigation services, it is reserved for local company only. I have to drive car there using Korean gps.

For mobile network and services they have their own standard giving virtual monopoly to SK and KT telecom and local manufacturers. No foreign car manufacturer can setup easily in Korea, Samsung rebrand Nissan car as S5 and S7. Except high end German cars with high tariffs you will only see Korean brands.

Check any sector and you will find more hurdles. Doing business in Korea compared to China is harder, if you target local businesses.

These all are not visible or so pronounced because Korea is relatively small compared to China in terms of GDP and size. Actually Korea is more like China and unlike USA except for political systems.

[temac]

I did not mean "actor" as in a people playing in a movie, but I learnt something from your comment nonetheless :)